Rupee's RBI-defense line at risk as US yields rise, Asian peers weaken

The Indian rupee is likely to come under pressure at Wednesday’s open, weighed ​by higher U.S.

Treasury yields, which have in turn ‌weakened Asian currencies

and dampened risk appetite.The rupee is ​expected to open in the 94.70-94.75

range, ⁠per traders, after settling at 94.66 on Tuesday. The

currency has struggled over the past two sessions, pressured by