mumbai oct 21 reuters  the indian rupee is expected to open slightly lower versus the dollar on friday as another upward move in us yields weighs on demand for asian currencies the rupee is tipped at around 82828286 to the dollar at open compared with 8276 in the previous session when it also slid to a fresh record low before recovering the moves in the emerging market currencies are obviously relevant but at the current level and after what happened yesterday the reserve bank of india and the interbank overall positions are more crucial a trader at a mumbaibased bank said the central bank sold dollars aggressively on thursday as the local unit plumbed fresh lows said traders the intervention in the afternoon session led to the rupee mounting a quick recovery from near 8325 to 8280 like in previous sessions of late the rbi did buysell swaps alongside spot dollar sales pushing forward premiums lower the usdinr 1year implied yield dropped to near 250 the rbi will dominate moves in both the spot and the forward market the trader said asian currencies extended losses on friday after the selloff in us bonds showed no signs of letting up the 10year treasury yield reached a new 14year peak on economic data that suggested the us labour market was holding up well read more the data reinforced bets that the federal reserve would keep opting for large rate increases hawkish comments from federal reserve bank of philadelphia president patrick harker further underpinned aggressive rate hike fears read more us equities slipped overnight futures on the sp 500 index were marginally lower and asian shares posted moderate losses asian currencies were down 01 to 04 the offshore chinese yuan dipped to below 726 to the dollar hovering just above yeartodate lows  brent crude futures up 01 at 925 per barrel  as per nsdl data foreign investors sold a net 462 million worth of indian shares on oct 20