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    <title>Rupee slumps 54 paise to all-time low of 90.48 against US dollar in intra-day trade</title>
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    <description>Rupee depreciation was driven by market reaction to reports that a proposed India-US bilateral trade agreement may be concluded by March, combined with risk off sentiment, importers&#039; US dollar demand and FPI debt sales. The article notes US Trade Representative comments on Indian resistance to market access for certain row crops and meat products and Mexico&#039;s potential tariffs of up to 50% on goods from Asian countries, identifying these trade policy signals as material factors influencing currency volatility and cross border capital flows.</description>
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