The Indian rupee is expected to strengthen at Monday's open, trading in the 96.14-96.18 range per US dollar, a notable recovery from Friday's settlement of 96.5625.

The move is driven by a sharp decline in global crude oil prices following a pause in military strikes in the Middle East, alongside sustained inflows led by the Reserve Bank of India.

This repricing marks a continuation of the currency's recent stabilization.

The rupee had previously reversed a slide that pushed it to a two-month low against the greenback, supported by easing energy costs and official market intervention.

The current setup suggests further upside potential as traders digest the geopolitical respite.

For India, a major net importer of energy, falling oil prices provide immediate relief to the current account deficit and inflationary pressures.