<h1>Currency depreciation pressures domestic markets as dollar strength and rising oil prices weigh on the rupee's outlook.</h1> The rupee weakened for a third straight session to a two-month low as dollar strength, rising crude oil prices, importer dollar demand, and Middle East geopolitical tensions drove sustained currency depreciation and intraday volatility; analysts expect continued near-term weakness and provided trading-range forecasts, while equities softened and FIIs recorded net purchases.