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MUMBAI: The Indian rupee opened little changed to the dollar on Wednesday with a minor recovery in most Asian currencies in the face of surging oil prices.
The rupee was trading at 79.83 per U.S. dollar by 0335 GMT, compared with 79.8625 in the previous session.
**Brent crude on Tuesday climbed 3.8%, best session since July 18.
**Dollar index pulled back slightly on Tuesday following weak U.S. data. Asian currencies mostly up.
**Federal Reserve 75 basis points September rate hike bets hold steady at 55% despite disappointing data.
**10-year Treasury yields on Tuesday rose to highest in a month.
**Worries on growth and inflation weigh on risk appetite. U.S. equities slipped for the third straight session.
**Focus on Fed Chair Jerome Powell’s comments at the central bank symposium in Jackson Hole, Wyoming on Friday.
(Reporting by Nimesh Vora Editing by Dhanya Ann Thoppil)