Rupee holds near two-month high despite oil and US yield pressure
The Indian rupee opened 6 paise higher at 94.89 per US dollar on Sept. 2 versus a Sept. 1 close of 94.95, despite rising crude oil and higher US Treasury yields.
The Indian rupee opened 6 paise higher against the US dollar at 94.89 on Wednesday (September 2), compared with Tuesday’s (September 1's) close of 94.95, even as a sharp rise in crude oil prices and higher US Treasury yields added pressure on the currency.The rupee is coming off a three-day winning…