Oct 13: rupee gains 1.5% after RBI steps in; long US Treasury yields fall
The Indian rupee gained 1.5% in one day to 95.28 per dollar on Oct 13 and reached 94.96 by Oct 16, after the Reserve Bank of India (RBI) defended the 97 level. Long US Treasury yields also fell.
- 94.96
- Indian rupees per US dollar, Oct 16
- 5.09%
- 10-year US Treasury yield, Oct 16
- 5.43%
- 30-year US Treasury yield, Oct 16