💨 Abstract

The Indian rupee is expected to open near its all-time low on Tuesday due to rising U.S. bond yields, with the Reserve Bank of India likely to intervene to control depreciation. The rupee hit a record low for the fifth consecutive day on Monday, with the 10-year U.S. bond yield at its highest level in nearly seven months. Foreign investors sold $220.1 million worth of Indian shares on Dec.

Courtesy: theprint.in

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