Daijiworld Media Network – Mumbai

Mumbai, Dec 12: The Indian rupee slipped to a fresh record low of 90.52 against the US dollar in early trade on Friday, extending its steep slide this year as uncertainty looms over the India–US trade negotiations.

The currency had already closed at 90.46 on Thursday, breaking its earlier all-time low of 90.42 recorded on December 4, signalling persistent pressure on the domestic unit.

Market experts have attributed the rupee’s continued weakness to a combination of factors — a ballooning trade deficit, strong corporate dollar demand, and the recent decision by the US to impose 50% tariffs on select Indian products. The developments have collectively weighed on investor sentiment, accelerating the rupee’s slide.

So far this year, the rupee has depreci

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