The volatile domestic unit later slid to a fresh life-time low of 69.13 before recovering to 68.94 in morning trade; it was quoting at 68.96 at 1030 hrs.
The United States asked a UN sanctions committee last week to ban further shipments after accusing North Korea of exceeding a UN cap on the fuel deliveries through illegal imports.
The Trump administration's decision in March to impose tariffs on aluminium and steel imports has triggered a trade war with several countries including China, which has announced retaliatory measures.
Exports to the United States fell 0.9 percent in June from the same period a year ago due to a decline in shipments of cars and semiconductor manufacturing equipment, two of Japan's most important export products.
In a statement, Nicholson said his comments had been mischaracterized and that he was merely reaffirming remarks by US Secretary of State Mike Pompeo, who in June said the US is prepared to "support, facilitate and participate" in eventual peace talks.
At the meeting, Chief Minister Shivraj Singh Chouhan discussed to take the soybean produce to China which is facing a shortfall of 11.5 million tonnes following trade tension with the US.
The three wings of the armed forces of India and the US hold separate military exercises, but this will be the first time that the two countries will have a joint drill of their Army, Air Force and the Navy.
The repatriation of U.S. remains was one of the agreements reached during an unprecedented summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in June in Singapore.
Trump's first response to special counsel Robert Mueller's initial charges against Russian government officials for interfering in American politics came in tweets the president posted while at his golf resort in Scotland, two days before a high-stakes summit in Finland with Russian leader Vladimir Putin.
Saudi Arabia and Russia could upend that forecast by boosting their own production. In the face of rising global oil prices, members of the OPEC cartel and a few non-members including Russia agreed last month to ease production caps that had contributed to the run-up in prices.
The US is yet to officially accept India's invite.
The pan-European STOXX 600 index was down 1.1 percent by 0905 GMT, while Germany’s export-heavy DAX fell 1.2 percent.
The administration released a wide-ranging list of Chinese goods it proposes be hit with tariffs, including hundreds of food products as well as tobacco, coal, chemicals and tires, dog and cat food, and consumer electronics including television components.
Spot gold was down 0.3 percent at $1,251.74 an ounce at 0102 GMT.
Higher scrutiny includes bi-annual scrutiny of accounts and UBO reporting once every three months
Sharath Koppu, who hails from Telangana, was fatally shot during a suspected incident of robbery at a restaurant where he worked.
Pompeo said in Tokyo there was still a lot of work to do but he was confident North Korean leader Kim Jong Un would stick to a commitment to abandon nuclear weapons.
During talks in Pyongyang, Pompeo had sought to hammer out details on how to dismantle North Korea's nuclear programmes
Sharath Koppu from Telangana was a software engineer who came to the US in January to pursue his master's degree.
The Centers for Medicare and Medicaid Services said the action affects USD 10.4 billion in risk adjustment payments.
Li Jiang, owner of the factory, said he is not so worried about the trade war as customers will always go with the cheaper option - US or China.
The daily singled out India saying among the major importers of Iranian crude oil, which also include China and Turkey, it was the only country buckling under US pressure
The North, which invaded its neighbour in 1950, has yet to make any public pledge to give up its weapons, despite a rapid thaw in relations on and around the peninsula brokered by the South's President Moon Jae-in.
"The US-Japan alliance is a cornerstone of Indo-Pacific stability and our commitment to this alliance remains iron-clad," Mattis said after talks with his Japanese counterpart on the third leg of a regional trip.
"The US wants to be cautious but wants the international community to make sure they are paying attention to the violations." US Ambassador to the UN Nikki Haley.