The Rupee opened weaker at Wednesday’s open, with the quick fall expected to draw improved two-way interest, while the dip in the dollar index to a two-month low could offer support. The rupee fell 0.3% on Tuesday to a lifetime low of 91.0750, weighed by heavy dollar demand linked to NDF maturities and a lack of dollar supply. It marked the fourth straight session in which the currency logged a fresh low, falling more than 1% over the period and underscoring the intensity of pressure it is facing. The Indian currency is already down 1.8% month-to-date, making it the worst-performing major Asian currency. Several regional peers are higher on the month, while others have posted only marginal declines. After the "heavy adjustment" seen in the rupee, two-way interest should improve from here, a currency trader at a Mumbai-based bank said. The drop in the dollar and oil should "lend a hand" to the rupee, though those cues haven’t counted for much lately in a market that remains very flow-driven. The dollar index hovered near a two-month low on Wednesday, with U.S. jobs data for October and November failing to shift expectations of two Federal Reserve rate cuts next month. U.S. non-farm payrolls increased by 64,000 last month, while the economy shed 105,000 jobs in October. The U.S. jobs report provided very few clear signals and failed to clarify expectations for Fed cuts in 2026, Morgan Stanley said in a daily note. The U.S. dollar was steady on Wednesday and near its lowest since the start of October after data showed the labour market remained soft, leaving investors on edge about when the next rate cut from the Federal Reserve is likely to come. The euro was last at $1.1751 in Asian hours, just shy of the 12-week high it touched in the previous session ahead of the policy decision from the European Central Bank on Thursday, where the central bank is expected to hold rates steady. The dollar index , which measures the U.S. currency against six rivals, was at 98.193, hovering near the lowest level since October 3 which it hit on Tuesday. The index is down 9.5% this year, on pace for its steepest annual decline since 2017. While the U.S. economy added 64,000 jobs in November, surpassing an estimate from economists polled by Reuters, the unemployment rate was at 4.6% last month, although the 43-day government shutdown distorted the data. Still, markets and analysts were unsure if the report had changed the policy outlook much and awaited the inflation report due on Thursday. Sterling was steady at $1.3424, just below the two-month high it touched on Tuesday after data showed Britain's unemployment rate hit its highest since the start of 2021 and private sector pay growth was the weakest in nearly five years in the run-up to finance minister Rachel Reeves' annual budget last month, reinforcing the expectations of a rate cut. The yen firmed a bit to 154.56 per U.S. dollar, near a two-week high ahead of the BOJ meeting. With markets broadly expecting a rate hike, the focus will be on the forward guidance and where the policy path is headed in the next year. Oil prices rose more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela, raising fresh geopolitical tensions at a time of concerns over demand. Brent crude futures were up 70 cents, or 1.2%, at $59.62 a barrel at 0245 GMT, while U.S. West Texas Intermediate crude rose 73 cents, or 1.3%, to $56.00 a barrel.......