Rupee slips as oil nears six-week high; RBI intervention limits losses
Indian rupee weakened Tuesday as oil prices rose amid concerns the Middle East conflict could persist. Iran warned it would retaliate to any new U.S. attacks, while continued RBI intervention helped cap the decline.
S. attacks. Further losses in the currency were limited by continued intervention from the Indian central bank. The rupee FX_IDC:USDINR…