India probes pliant rupee dealer (8)
I believe the answer is:
supplier
'dealer' is the definition.
(someone who sells or supplies something)
'india probes pliant rupee' is the wordplay.
'india' becomes 'i' (phonetic alphabet: alpha, bravo, charlie etc.).
'probes' means one lot of letters goes inside another.
'pliant' becomes 'supple' (both can mean flexible or malleable).
'rupee' becomes 'r'.
'i' put inside 'supple' is 'supplie'.
'supplie'+'r'='SUPPLIER'
(Other definitions for supplier that I've seen before include "Provider of a product" , "One providing something" , "Provider (of goods)" , "One who provides" , "Wholesaler, e.g." .)