Indian Stocks, Rupee Retreat as Bets of U.S. Rate Hike Increase – BloombergQuint

The rupee was set for its biggest decline in two weeks. It fell 0.4 percent, the most since Sept. 29, to 66.7650 per dollar, prices from local banks compiled by Bloomberg show. The yield on sovereign bonds due September 2026 rose one basis point to 6.72 percent, according to the Reserve Bank of India’s trading system.


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