<div>The rupee is trading higher ahead of the RBI's rate decision at 11 am. Pair at 61.90/91 versus 62.01/02 close on 17 December.<br /><br />RBI likely to hike key policy rate by 25 bps to 8 per cent to tackle inflationary pressures.<br /><br />Regional stocks gain, with the benchmark BSE Sensex up 0.1 pct.<br /><br />The US Federal Reserve decision on taper post-close of local trade will, however, be the key for rupee's fortunes, dealers say.<br /><br />(Reuters)</div>
