The Rupee closed stronger on Tuesday as it notched its biggest single-session gain in three weeks on Tuesday, boosted by a spurt in ?dollar selling in the non-deliverable forward market, which also prompted traders ?wagering against the currency to exit positions. The ?South Asian currency jumped in the afternoon, with traders pointing to ?a pickup in dollar-selling interest in the non-deliverable forward (NDF) market. The selling ?momentum was visible in the 1-month NDF points briefly trading below the ?1-month onshore forward premium, reversing a trend observed over recent sessions. NDF points ?trading below their onshore counterparts signals that the former saw a higher intensity of dollar selling interest. Most Asian currencies ?also ?firmed, with the Korean won rising 0.4%. The dollar index was steady at 100.95. Money markets are ?now pricing in roughly ?29 basis points ?worth of Federal Reserve rate hikes by December, down from about 38 bps a week ago. The pound rose to a three-week high against the dollar on Tuesday as the U.S. currency continued to slip in the wake of ?Thursday's weaker-than-expected U.S. jobs report, and hit a new one-year high versus ?the euro. Sterling rose to $1.3401, the highest since June 17, before slipping slightly to trade at $1.338. But ?the U.S.-Iran framework agreement has pulled down oil prices sharply and ?Thursday's nonfarm payrolls report showed the economy added fewer jobs than expected ?in June, causing markets to reduce their wagers on rate rises and pushing ?the dollar lower again. The pound continued to trade at a 13-month high versus the euro , with the euro zone's currency slightly lower on Tuesday at 85.41 pence. Analysts say the pound has benefited ?from ?the fall in oil prices, which surged earlier this year due to the Iran war and threatened to hit the UK economy, which is a major importer of energy with low levels of gas storage. Oil prices settled 3% higher on Tuesday and then extended gains post-settlement, after the U.S. revoked the general ?license that authorized the sale of Iranian crude oil. Reports of attacks on vessels near the Strait of Hormuz also revived fears of disruptions to tanker shipping. Brent crude futures settled up $2.17, or 3.01%, to $74.16 a barrel, while U.S. West Texas Intermediate crude rose $1.89, also ?2.76%, to $70.44 a barrel.......