The falling rupee will adversely impact the domestic steel sector as import of various raw materials will become expensive and the cost of servicing debt would also go up, government officials and experts said today.
The falling rupee will adversely impact the domestic steel sector as import of various raw materials will become expensive and the cost of servicing debt would also go up, government officials and experts said today.
The rupee slumped 43 paise against the US dollar to trade at a life-time low of 70.32 on strong demand for the American currency.