MUMBAI: The rupee depreciated 24 paise to a new record low of 90.56 against US dollar in early trade on Friday, as uncertainty over the India-US trade deal and persistent foreign fund outflows dented investors' sentiments.

Forex traders said rupee is under pressure largely due to aggressive dollar purchases from importers amid surging global prices for precious metals.

At the interbank foreign exchange, the rupee opened at 90.43 against the US dollar, then fell further to 90.56 against the greenback, registering a fall of 24 paise from its previous close.

On Thursday, the rupee had plunged 38 paise to close at an all-time low of 90.32 against the US dollar.

"For the day the range of 90 to 90.60 should be honored with a close watch on RBI. Today is also the last day of the talks betwee

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