<ul data-eligibleForWebStory="true"><li>The Indian rupee opened weaker against the US dollar on Monday, falling by 9 paise to 86.18 after closing at 86.09 on Friday.</li><li>Heightened geopolitical tensions in the Middle East are supporting the US Dollar, impacting currency markets globally.</li><li>Traders are predicting an 80% chance of a Fed rate cut in September, with 85.75 acting as support and 86.40 as resistance for USD-INR.</li><li>The conflict between Israel and Iran has escalated, pressuring the US dollar, which has faced hostilities for four consecutive days.</li><li>India's FX Reserves increased to $696.6 billion, impacting the rupee, which exhibited fluctuations during Friday's trading.</li><li>US Yields have risen, with the two-year yield at 3.96% and the 10-year yield at 4.41%, while the dollar remains stable against major currencies.</li></ul>

Rupee Faces Monday Blues, Opens Weaker Against US Dollar

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