The Rupee opened steady on Tuesday amid likely dollar demand and expectations that the central bank will not allow the currency to hit a new all-time low. The local currency reached a low of 83.50 on Monday amid possible outflows and dollar buying by importers. The Japanese yen was down to 156.80 in Asia following a highly volatile session on Monday. The currency hit a 34-year low of 160.245 on Monday, prompting a yen-buying intervention by Japanese authorities. The yuan had recovered alongside the yen. Japanese authorities haven't confirmed that they had stepped into the currency market in support of the yen. The choppy moves in the yen come before the Federal Reserve's policy decision on Wednesday. The U.S. central bank is widely expected to keep the policy rate unchanged amid high inflation and robust growth. Oil edged down in early trade on Tuesday after Israel-Hamas ceasefire talks in Cairo helped quell market fears of an expanded conflict in the Middle East, while worries about the outlook for U.S. interest rates weighed on the market. Brent crude futures dipped 5 cents, or 0.06%, to $88.35 a barrel at 0006 GMT, and U.S. West Texas Intermediate crude futures slipped 12 cents, or 0.15%, to $82.51 a barrel.......