Indian rupee pressured by Iran talks impasse, RBI intervention buffers fall
Rupee expected to open slightly weaker as stalled US-Iran talks lift oil and Treasury yields; traders say RBI intervention has repeatedly cushioned it near 96 per dollar.
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Rupee pressured by Iran talks impasse; RBI intervention a 'reliable' buffer
By Nimesh VoraThe Indian rupee faces new headwinds at Monday's open with stalled US-Iran talks pushing oil prices higher, while central bank intervention is likely to cushion the currency's decline.The rupee FX_IDC:USDINR is expected to open slightly weaker, having settled at 95.8125 to the dollar…