MUMBAI: Rupee fell 1 paisa to 88.75 against the US dollar in early trade on Tuesday amid a strong American currency and uncertainties looming over the India-US trade deal.

According to forex traders, the Indian currency is under pressure due to unabated outflow of foreign capital and geopolitical developments.

At the interbank foreign exchange market, the rupee opened slightly higher at 88.72 against the US dollar, but soon lost ground to trade at 88.75, down 1 paisa from its previous closing level.

On Monday, the rupee gained 5 paise to settle at 88.74 against the US dollar.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 97.86, higher by 0.06 per cent.

Brent crude, the global oil benchmark, was trading 0.34 per cent higher

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