Indian Rupee faces pressure from higher bond yields, FIIs outflow

The Indian Rupee (INR) opens lower against the US Dollar (USD) on Tuesday due to the continuous surge in global bond yields. The USD/INR pair rises to near 96.43, the highest level seen in over two months.​The Indian Rupee (INR) opens lower against the US Dollar (USD) on Tuesday due to the continuous surge in global bond yields. The USD/INR pair rises to near 96.43, the highest level seen in over two months.