The Indian rupee fell 25 paise to an all-time intraday low of 88.53 against the US dollar in early trade on Tuesday, weighed down by rising US tariffs on Indian goods and the hike in H-1B visa fees.
Forex traders said heightened global risk aversion and trade policy uncertainties further pressured the currency. At the interbank foreign exchange, the rupee opened at 88.41 and gradually slipped to 88.53, marking a 25-paise decline from its previous close.