Record low! Rupee falls by 23 paise against US dollar; reaches 91.01
The rupee on Tuesday depreciated to another record low, by 23 paise against the US dollar, reaching 91.01 (provisional) . This decline was attributed to continuous foreign fund outflows, stalled India-US trade negotiations, and sustained US dollar purchases.The domestic currency initially dropped 36 paise to touch 91.14, its lowest point ever, before recovering slightly. Despite…