Rupee falls 38 p to close at all-time low of 90.32

Mumbai, Dec 11: The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and US may continue to dent investor confidence. Moreover, prevailing risk-averse market sentiment and sustained foreign fund outflows weighed on the local unit. (PTI)