The Rupee opened weaker on Monday despite closing on Friday at 94.9450, posting its biggest gain ?in two months, shored up by the measures announced by the Reserve Bank of India (RBI) to attract dollars. The currency also logged a third consecutive weekly gain. The central bank announced a host of measures to boost inflows, while government bonds are also likely to gain as fears ?of aggressive rate hikes recede. The RBI will offer hedging benefits to state-run companies raising external commercial borrowing, and provide a similar facility for banks that will ?raise three- to five-year deposits from non-resident Indians. Both facilities will be available until September 30. On the global front, traders were cautious over the lack of progress in a potential U.S.-Iran peace deal, which continue to put ?upward pressure on oil prices. Meanwhile, a stronger-than-expected U.S. jobs report for May fuelled concerns that inflationary pressures would increase the ?likelihood of Federal Reserve interest rate hikes. The yield on India's 10-year benchmark bond ended at 6.9772% on Friday, down 2 basis points ?for ?the week, after shedding 6 bps in the previous week. Bond yields eased after the RBI did not hike rates, as feared by a fourth of the market participants, and the commentary was not hawkish as some had anticipated. Traders expect the 10-year yield to move within a 6.92% to 7.02% range this week, with the focus on movements in rupee as well as reaction from ?foreign investors after the latest ?tweaks undertaken by Indian authorities. The ?RBI said all the new 15-year, 30-year and 40-year government bonds will be a part of so-called fully accessible route that allows unfettered foreign access. At the same time, New Delhi exempted ?overseas investors from capital gains tax on interest or capital gains arising from sale of ?government bonds. The dollar was perched near a two-month high on ?Monday after a blowout U.S. jobs report sent traders ramping up bets on a Federal Reserve rate ?hike this year, while the yen teetered further into the intervention zone. Against the dollar, the euro fell to a two-month low of $1.1507, while sterling struggled at a three-week trough ?of $1.33165. The Australian and New Zealand dollars similarly slid to their lowest in two months at $0.7016 and $0.5779, ?respectively. The strength in the dollar has in turn spelled more pain for the yen, which fetched 160.29 per dollar . "The yen remains under pressure due to the persistent interest rate disadvantage, with the Bank of Japan still ?slow to normalise policy despite hawkish shifts at other central banks," said David Meier, an economist ?at Julius Baer. Brent oil prices jumped more than $3 a ?barrel on Monday, initially spooked by Israel's launch of renewed strikes on Lebanon a day earlier, but also gaining further steam after sounds of explosions were heard in Iran. Brent crude futures rose $3.20 or 3.39% to $96.24 a barrel ?while U.S. crude futures were up $2.87 or 3.17% at $93.41 per barrel as of 0333 GMT.......