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fxJul 1, 2026, 5:50 AM

Indian Rupee Weakens as US Treasury Yields Climb

The Indian Rupee opened lower against the US Dollar on Wednesday, with USD/INR rising to near 94.72 as stronger US Treasury yields and a firmer dollar weighed on risk-sensitive currencies.

USDINR

The Indian Rupee depreciated against the US Dollar during Wednesday's trading session, as elevated US Treasury yields bolstered demand for the greenback.

USD/INR climbed to approximately 94.72, reflecting diminished appeal for emerging-market currencies amid a stronger US dollar and rising bond yields. The move underscores the pressure on the rupee from external factors such as global rate differentials and capital flows.

Source: FXStreet Forex News