Rupee ends weak at 90.19 against the dollar, bond yields rise

The Indian rupee weakened slightly on Tuesday, closing at 90.19 against the dollar. This dip followed news that Indian bonds will not be included in a global index. Traders noted the Reserve Bank of India intervened to prevent a sharper fall. US tariffs on countries trading with Iran and currency swaps also contributed to the rupee's decline.

from Economic Times https://ift.tt/fLil1TU