Summary:The rupee is expected to open weaker in the 95.35-95.40 per dollar range, having settled around 95.30 on Monday. The RBI likely sold dollars near 95.25 on Monday, though the rupee still slipped, reflecting pressure from importer hedging and higher oil prices. A trader said the pair would likely be well past 95.50 without the RBI's consistent dollar selling, and expects similar central bank support today. On Monday, the central bank likely sold dollars near the 95.25 level, though the rupee still slipped further, a sign of the pressure coming from importer hedging activity and higher oil prices. For the rupee, that combination of higher oil prices and rising US yields represents a double headwind, reinforcing the currency's reliance on continued RBI support to avoid a more pronounced slide.