Rupee falls 20 paise to 90.07 against US dollar on FED, trade talk anticipation

• Rupee depreciated 20 paise to 90.07 against the US dollar in early trade on Wednesday.
• The fall was due to importer dollar demand, tariff concerns, and anticipation of the US FED Reserve policy decision.
• US-India trade talks, commencing December 10, are expected to potentially offer positivity to the rupee.
• The rupee opened at 90.00 against the dollar, falling from its previous close of 89.87.
• Market focus remains on the US Federal Reserve's policy decision and Chief Jerome Powell's stance this week.

Why It Matters: Rupee's depreciation affects your purchasing power and import expenses.