Rupee’s decline continues: Currency closes at record low of 90.97 against US dollar; depreciates by 7 paise
Representative image (AI-generated) The Indian rupee weakened by 7 paise on Tuesday, closing at a record low of 90.97 against the US dollar. This comes as strong dollar demand from metal importers and continued foreign fund outflows weighed on investor sentiment.Forex traders said that the rising geopolitical uncertainties, including fresh US expansionary signals, have increased…