India, Oct. 7 -- The Indian rupee slipped by 1 paisa to 88.75 against the US dollar in early trade on Tuesday, weighed down by a firm greenback and lingering uncertainties surrounding the India-US trade deal.
At the interbank foreign exchange market, the domestic currency opened slightly stronger at 88.72, but soon gave up gains to trade lower at 88.75 per dollar, marking a marginal decline from its previous close.
According to forex traders, the rupee remains under pressure due to sustained foreign capital outflows and ongoing geopolitical tensions, which continue to dampen investor sentiment.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....