New Delhi, Aug. 24 -- The Indian rupee opened 6 paise higher at 95.64 against the US dollar on Monday, 24 August, supported by robust capital inflows, while traders remained watchful of crude oil prices and potential intervention by the Reserve Bank of India (RBI) to maintain currency stability.

Crude oil prices eased on Monday as investors awaited an expected announcement from Washington on fresh sanctions against Iran, which could further disrupt energy supplies from the Middle East. US President Donald Trump has also threatened sanctions against countries continuing to trade with Iran.

While uncertainty surrounding the US-Iran conflict could keep risk appetite under pressure, the rupee is expected to find support from the RBI's conti...