NEW DELHI, Dec. 11 (Xinhua) -- The Indian Rupee fell to a record low on Thursday, touching 90.48 against the U.S. dollar, media reported.
The decline followed reports that the India-U.S. trade deal was likely to be finalized by March 2026.
Reports also suggested that while the newly-announced 50 percent U.S. tariffs continued to adversely affect India's exports, the steady imports from the United States had pushed up demand for the U.S. dollar, resulting in Indian Rupee's decline.
The Indian currency has dropped over 7 percent in the past six months, said The Times of India. ■
