Key Points
NEW DELHI: Following a rise in US bond yields and the US dollar index, the Indian rupee on Monday opened below the 83-mark against the greenback..
The US dollar index, which measures the strength of the American currency against a basket of six other currencies, has increased to 103-level..
The US 10-year bond yields rose to 4.18% despite a small downtick in the University of Michigan survey's measure of long-run inflation expectations...
A wall of issuance in store over coming months has fuelled worries over supply and Fitch's downgrade of U.S. debt has not helped, it said.. Longer maturity yields in the U.K. and Germany soared on Friday as well...
You might be interested in
INDIA RUPEE Rupee scales seven-week peak on dollar weakness, eyes more gains
26, Apr, 23The Indian rupee strengthened against the U.S. currency to a seven-week high on Wednesday, tracking Asian peers as the dollar index gave up gains and local equities remained resilient.
Rupee to fall on surging US yields; 83/USD to be breached without RBI's help
14, Aug, 23The Indian rupee is expected to decline on Monday on the back of a jump in U.S. yields, which boosted the dollar versus its major peers and Asian currencies.
Rupee to struggle on more Fed rate hike bets; US yields surge
30, Jun, 23The Indian rupee is expected to struggle on Friday following a jump in U.S. yields and the dollar index on expectations that more Federal Reserve rate hikes were on the way.
Rupee may inch up tracking US Treasury yields fall, soft dollar
29, Aug, 23The Indian rupee is expected to advance on Tuesday in the wake of a pullback in U.S. Treasury yields and the dollar in the lead-up to a slew of key economic data.
Rupee likely to sidestep rally in Asia FX fuelled by US yields
28, Nov, 23The Indian rupee is expected to open little changed on Tuesday, unable to take advantage of the broad up move in other Asian peers in the wake of a fall in U.S. Treasury yields.
Rupee ends flat after hitting 3-month peak; oil firms' dollar bids weigh
23, Sep, 24By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee ended flat on Monday as dollar demand from local oil companies pulled the currency off a near three-month high, hit due to likely portfolio
Rupee inches up but US yields seen as major headwind
22, Aug, 23The Indian rupee rose slightly on Tuesday on the back of a subdued U.S. dollar, but was not expected to make a significant move higher in the wake of worries over U.S. yields.
Stock market today: Rupee gains, bond yields drop after dovish US Federal Reserve
14, Dec, 23The US dollar index, which measures the greenback against a basket of currencies, fell 0.34% to 102.52. The yield on 10-year US Treasuries fell below 4% for the first time since August as the Treasury market saw its biggest one-day rally on Wednesday.
Rupee falls 3 paise to open at 82.01 against the US dollar
21, Jul, 23The US dollar index rose 0.03% at 100.78 against a basket of currencies. The index is on course for a 1% gain in the week.
Rupee set to rise as US dollar, yields retreat after weak job openings
30, Aug, 23The Indian rupee is expected to advance on Wednesday after weaker-than-expected U.S. job openings prompted a decline in the U.S. dollar index and Treasury yields.