The Rupee opened stronger on Monday, with a drop in crude oil prices reinforcing the ?positive momentum created by repeated central bank intervention. The rupee rallied 1.2% last week, aided ?largely by the Reserve Bank of India's near-daily intervention through dollar ?sales across multiple levels, per bankers. Brent crude for October delivery fell 4.7% to below $84 a barrel after U.S. President Donald Trump saidplans for an attack on ?Iran had been shelved to allow time for negotiations on a ?nuclear deal. The question for the rupee and broader financial markets is whether this optimism ?will ?persist and whether the developments ultimately translate into tangible progress, traders said. The RBI has built "significant" positive momentum for the rupee, and with support from lower oil prices, the recovery may have further room to run, a ?currency trader at ?a bank said. Measures announced by the RBI to attract ?capital inflows and support the rupee have brought in about $41 ?billion, according ?to data released on Saturday. Of this, $36.7 billion came through foreign currency non-resident deposits. Markets are closely tracking these figures given that higher inflows provide ?the RBI ?with more firepower to support the rupee. The yen leapt on Monday, keeping traders on alert for further intervention ?from authorities to shore up Japan's historically weak currency, days after Tokyo and Washington jointly intervened in the ?foreign exchange market. The Japanese currency rose 1% in the Asian morning to a high of 155.20 per dollar, its strongest level in about three months, before paring some gains. In other currencies, the Australian dollar was up 0.18% at $0.7033, while the New Zealand dollar edged 0.05% higher to $0.5893. The latest bouts of yen-buying hammered ?the dollar, with the euro ?rising to a 1-1/2-month high ?of $1.1559 early in Asia on Monday, while sterling hovered near a two-week top at $1.3476. Oil prices skidded and stocks ?wobbled on Monday as hopes of peace in the Middle East grew, while the ?yen jumped suddenly after the U.S. and Japan confirmed joint intervention to prop up the frail currency. Brent crude futures sank more than 6% to $82.41 after U.S. President Donald Trump said talks with Iran will happen on Monday. He had earlier called ?off an imminent attack on Iran to reach a deal to reopen the Strait of ?Hormuz and resolve the impasse over Tehran's nuclear capabilities.The dollar index was little changed at 99.71, having slid more than 1.5% last week.......