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Indian rupee set to slip on oil pressure, relies on RBI support

MUMBAI: The Indian rupee is poised to open weaker on Tuesday , pressured by higher oil prices amid stalled U.S.-Iran peace talks, with traders looking to the Reserve Bank of India to intervene again to limit the currency’s decline. The Indian rupee is expected to open in 95.35-95.40 range, per traders, having settled at 95.30 to the dollar on Monday. The currency traded in a 95.10-95.30 range…

Indian rupee set to slip on oil pressure, relies on RBI support

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