New Delhi: There may be a further fall in the rupee which is steadily weakening, experts pointed out.
Economists believe that the rupee could further break to fall to 82 per dollar in the near future, given the widening trade deficit and the possibility of the US central bank raising interest rates this week.
There are speculations that the Us central bank, the Federal Reserve, may raise interest rates by up to 0.50-0.75 per cent at the July 26-27 meeting.
Economic experts believe that the rupee may hold at around 78 per dollar by March next year.