Mumbai/IBNS, Dec. 16 -- The Indian rupee extended its slide on Tuesday, hitting a fresh all-time low of 90.83 against the US dollar, according to media reports.

Analysts trace the rupee's decline to April 2025, when US President Donald Trump announced tariffs on Indian goods, sparking concerns over exports and the trade balance.

The pressure has intensified in December amid a widening current account deficit.

Uncertainty over India-US trade negotiations, rising corporate demand for dollars, and a growing trade deficit have further accelerated the currency's fall.

Despite intermittent intervention by the Reserve Bank of India (RBI), analysts say the rupee remains under sustained pressure.

Anuj Choudhary, Research Analyst at Mirae Asse...