The ⁠rupee is expected to open in the 95.50 to 95.60 range, per traders, having rallied 1% ‌to settle at 95.77 to the dollar on Monday India’s rupee extended gains as the central bank announced more measures to support the currency which faces pressure from high oil prices and foreign outflows. Key points and original sources are listed below.

• The ⁠rupee is expected to open in the 95.50 to 95.60 range, per traders, having rallied 1% ‌to settle at 95.77 to the dollar on MondayS1

• India’s rupee extended gains as the central bank announced more measures to support the currency which faces pressure from high oil prices and foreign outflows.S2