Rupee may decline further against US dollar, prompting RBI to hike interest rate to check fall of local currency: SBI report

Rupee may decline further against US dollar, prompting RBI to hike interest rate to check fall of local currency: SBI report Press Trust of India The rupee on Tuesday slumped 16 paise against the US dollar to trade at a life-time low of 71.37 on strong demand for the American unit . The post Rupee may decline further against US dollar, prompting RBI to hike interest rate to check fall of local currency: SBI report appeared first on Firstpost. FirstPost Unsubscribe from these notifications or sign in to manage your Email Applets.