mumbai jan 5 reuters  the indian rupee rose against the dollar on thursday buoyed by an uptick in most asian currencies and a further decline in oil prices the rupee last traded at 825550 to the dollar up from 828025 in the previous session the offshore chinese yuan the korean won and the malaysian ringgit were all up 03 against the dollar brent crude futures inched higher to 7890 per barrel after a near 95 decline in the previous two sessions – their worst twoday fall to begin the year in over three decades – on worries over the demand outlook traders who are short usdinr will be hoping that oil prices is the trigger that pushes the dollar below the 82408250 support a dealer at a private bank said thursdays session was a small win for rupee bulls the trader said the fall in oil prices if it holds up will ease concerns over indias current account deficit advisory firm cr forex reckons that the risks for the usdinr lie on the downside and expects a range of 8150 to 8300 over the next three to four weeks asian currencies got a boost from the overnight drop in treasury yields following the minutes of the us federal reserves december meeting the minutes showed the fed remained fairly hawkish but did not significantly alter expectations around the next meeting the us monthly jobs report due on friday has the potential to change the outlook on the pace of rate hikes an upbeat report in terms of jobs added and the unemployment rate will probably lead traders to reassess bets on whether the fed will reduce the size of its rate hike to 25 basis points at the next meeting