Indian rupee pinned just shy of 96/USD as RBI intervention counters oil woes
Rupee fell 0.1% to 95.95 per dollar as Brent rose 2.5% and India's 10-year yield rose on Monday.
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Rupee fell 0.1% to 95.95 per dollar as Brent rose 2.5% and India's 10-year yield rose on Monday.
By Jaspreet KalraThe Indian rupee slipped on Monday as oil prices climbed after diplomatic talks between the US and Iran appeared to hit an impasse, sending US bond yields higher and likely drawing the central bank into defending the Asian currency.The rupee FX_IDC:USDINR declined 0.1% to 95.95 per…