Rupee eyes breathing room as dollar softens, US bond yields dip
The Indian rupee is expected to open flat to slightly higher on Thursday, supported by a pullback in the U.S. dollar index due to a dip in U.S. bond yields. The 1-month non-deliverable forward indicated that the rupee will open at 84.43-84.44 to the dollar, compared with its close of 84.4525 in the previous session. … Read more