India rupee pressured by U.S. yields, dollar strength; RBI acts as buffer
The Indian rupee is expected to open mildly weaker on Tuesday, weighed by a rise in long-dated US Treasury yields and euro-led dollar strength. Traders expect the Reserve Bank of India to continue smoothing the currency's decline. The rupee is expected to open in the 96.32-96.34 range, having settled at 96.2925 to the