India's rupee fell to a fresh record low of over 90 per dollar Wednesday, extending recent declines, with traders partly blaming the delay in striking a trade deal with the United States.
The rupee is among Asia's worst forex performers this year, pressured by India's current account deficit and foreign outflows.
New Delhi's early trade negotiations with Washington sparked optimism that foreign capital would flow into the world's fifth-largest economy -- helping push the rupee to a nearly six-month-high of 83.75 against the dollar in May.
But setbacks in trade talks and weak corporate earnings have caused overseas investors to offload well over $16 billion in Indian shares this year so far.
On Wednesday morning, the rupee weakened as much as 0.35 percent to a symbolic new low of 90.19,

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