The Rupee closed weaker against the U.S. dollar over the coming months despite expectations that recent measures announced by the Reserve Bank of India will attract billions in foreign capital, ?a Reuters poll of currency analysts showed. The rupee was forecast to ?trade around current levels, at 94.5 per dollar in three months and 95 by end-December ?2026, according to the median view of 44 strategists polled between June 26 and July 1. It was then expected ?to change hands at 95.9 in 12 months. The RBI's recent measures will attract $50 billion by year-end, median ?estimates to a separate question showed. Analysts' predictions ranged from $25 billion to $100 billion. The U.S. dollar’s recent rebound will fade in coming months as cooling oil prices temper inflation fears and Federal Reserve rate hike bets, a majority of FX strategists said in a Reuters poll, though a sizable minority say the strength is here to ?stay. The greenback has also drawn support from U.S. inflation that is well above target, a resilient economy, elevated Treasury yields and news in June nearly half of Fed policymakers expect rates to rise this year. Interest rate futures are pricing in ?almost two hikes by year-end. The pound fell for ?the first time in a week on Wednesday in the face of a robust dollar, which got ‌a lift from a rise in U.S. Treasury yields ahead of jobs data, while markets were also awaiting comments from new Fed Chair Kevin Warsh. Sterling was down 0.23% at $1.3234, having risen for the past four days, marking its longest stretch of daily gains in a month. The ?pound closed out a volatile June with a loss of 0.2%, bringing the decline over the first half ?of the year to 1.6%, making this its weakest start to a year since 2022, when ?it fell nearly 10% from January to June. A resurgence in the dollar, thanks to the strength of the U.S. economy and its stock market, has played a large role in depressing sterling and other currencies. Against the euro the pound rallied throughout the second quarter, posting a rise ?of 1.4% to trade around its strongest since last August. Oil prices fell on Wednesday as talks between ‌Iran and the U.S. aimed at reaching a final agreement to end their war continued and the market awaited data from the U.S. regarding stock draws. Brent futures fell 62 cents, or around 0.9%, to $72.33 a barrel at 1156 GMT, while U.S. West Texas Intermediate ?crude was down 38 cents, or around 0.6%, at $69.12 a barrel - its lowest since February 27.