MUMBAI, Oct 20 Reuters The Indian rupee is expected to inch up at open on Friday, drawing support from the Reserve Bank of India39;s RBI likely aggressive intervention late in the previous session.

Nondeliverable forwards indicate rupee will open at around 83.1683.18 to the U.S. dollar compared with 83.2450 on Thursday.

The RBI was offering dollars all through Thursday39;s session, and the intervention was particularly heavy just before 3.30 pm, a forex trader at a large foreign bank said. Normal overthecounter hours are from 9 a.m. to 3.30 p.m. IST.

You probably had a round of long positions on USDINR deciding to exit then, he said. What happened late yesterday is probably setting the tone for today39;s open.

The rupee39;s Asian peers declined after the 10year U.S. Treasury yield rose to 5 for the first time since 2007.

Slightly higherthanexpected U.S. headline inflation data, robust U.S. economic data, unfavourable demandsupply dynamics and signals by Federal Reserve officials that interest rates will remain high have fuelled a selloff in Treasuries.

The 10year U.S. yield came off slightly in Asia trading to 4.96. Still, it is up nearly 40 basis points in October, that too, despite the Middle East conflict.

Fed Chair Powell on Thursday repeated the message that other policymakers have telegraphed, saying the U.S economy39;s strength and continued tight labour markets could require still tougher borrowing conditions to control inflation, though rising market…