Rupee opens flat at 95.33 on importer demand, geopolitical jitters

The Indian rupee opened flat at 95.33 against the US dollar, pressured by importer demand and uncertainty over US-Iran diplomacy despite a recent recovery. The currency had hit a one-month high of 95.1175 in the prior session before retreating. Investors now await the RBI's policy meeting this week, expected to keep rates unchanged, while higher US Treasury yields and seasonal August trends pose risks.