The Rupee opened opened weak on Thursday, holding near its all-time low, on persistent oil-linked headwinds that ?have lingered for weeks. Brent ?crude was largely steady near $106 a barrel with investors awaiting a meeting ?between Trump and Chinese President Xi Jinping, with the Iran war in focus. While ?Trump has said he may not need China's help to resolve the 11-week long war, he is expected to seek Xi's support. The key question is whether the meeting will yield ?any progress on the Iran conflict, ING said in a note. Some hope ?China could exert pressure on Tehran to strike a deal with the U.S. and allow ?energy ?flows through the Strait of Hormuz to resume, it said. Any relief from the meeting on the oil front would buoy the rupee, which has been under mounting strain from persistently high crude prices. The pressure is evident in ?the prime minister's ?call to curb ?non-essential travel and gold imports to conserve foreign exchange. India has raised import duties on bullion to contain the trade ?deficit, which could widen further due to higher oil imports ?and ?lead to a significant expansion in the current account deficit. The dollar got a lift from elevated U.S. ?Treasury yields on Thursday as investors wagered the Federal Reserve would hike rates this year, while an impasse between ?the U.S. and Iran over the war in the Middle East drove more safe-haven flows. Ahead of the meeting, the offshore yuan held at a more than three-year high and was ?last little changed at 6.7860 per dollar. In the broader market, the dollar held steady on Thursday, leaving the euro little changed at $1.1716 and on track to lose 0.57% for the week, which would mark its largest decline in two months. Against a basket of currencies, the U.S. dollar was last at 98.46, up 0.63% for the week thus far. It fell ?0.04% against the yen to 157.83, as traders remained on alert for any signs of intervention from Japanese authorities to prop up the ailing currency. Against a basket of currencies, the U.S. dollar was last at 98.46, up 0.63% for the week thus far. It fell ?0.04% against the yen to 157.83, as traders remained on alert for any signs of intervention from Japanese authorities to prop up the ailing currency. In other currencies, the Australian dollar flirted with a four-year ?peak and last bought $0.7255, underpinned by hawkish rate expectations at home. The New Zealand dollar eased 0.04% to $0.5933. Oil prices rose on Thursday, with markets focusing on the high-stakes meeting between U.S. ?President Donald Trump and Chinese President Xi Jinping to see if it will yield any positive result on the Iran war, which has significantly disrupted global oil supply. Brent crude futures were up 26 cents, or 0.25%, to $105.89 a barrel by 0250 GMT, ?while U.S. West Texas Intermediate futures rose 32 cents, or 0.32%, to $101.34.......