
The rupee edged up 4 paise to ₹95.22 against the U.S. dollar on Friday, a 0.04% lift that followed a modest dip in U.S. Treasury yields. NewPARA Dollar index slipped to 101.70, while the U.S. two‑year Treasury yield fell 8 basis points to its lowest level in seven weeks, and the 10‑year slid to 4.90%. NewPARA Brent crude futures climbed to $117.84 per barrel, a new high sparked by Houthi attacks in the Gulf and fears of supply disruption. NewPARA A trader at a private‑sector bank said the rupee's gains could remain limited as the oil price surge may offset the dollar weakness. NewPARA The RBI may intervene in the FX market to cushion the impact of higher import costs, but analysts expect it to act conservatively pending wholesale and consumer price indices.