Rupee seen opening lower as oil jumps, U.S. yields rise
The Indian rupee (USDINR) is expected to open lower Wednesday, pressured by a surge in oil prices and rising U.S. Treasury yields, potentially blunting gains following central bank intervention.
By Nimesh VoraThe Indian rupee is on course to open lower on Wednesday, pressured by a surge in oil prices and rising U.S.
Treasury yields, threatening to blunt the momentum the currency has built with the central bank's intervention.The rupee FX_IDC:USDINR is expected to open in the 95.02-95.06 r…