Rupee drops 17 paise to 90.11 vs Dollar; US-India trade talks offer hope

• Rupee fell 17 paise to 90.11 against the US dollar in early trade.
• Increased importer demand for US dollars and risk-averse market sentiment contributed to the rupee's decline.
• Domestic market sluggishness and continuous foreign fund outflows are expected to keep the rupee in a negative trend.
• Investors are awaiting signals from US-India trade talks, which could potentially boost the rupee.
• Experts predict the USD/INR range for the day to be between 89.70 and 90.20.

Why It Matters: Rupee's decline against the dollar impacts India's economy and your finances.