The rupee is expected to open at 95.14-95.18 as RBI intervention and momentum offset rising US Treasury yields and higher oil prices.

The rupee is expected to open at 95.14-95.18 as RBI intervention and momentum offset rising US Treasury yields and higher oil prices.

The rupee is expected to open lower on Wednesday as surging oil prices and US Treasury yields add pressure, testing gains supported by RBI intervention.

The Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate the growing dollar demand from importers.…

Seen opening at 94.55-94.60; weekly gain of 1 percentage point faces Brent above $96