The Indian rupee could recover some of its lost ground and rebound from lifetime low levels attained in the previous session as dollar index is seen moderating sharp gains in early Asia today. Yesterday, rupee plunged 55 paise to close at an all-time low of 87.17 against the US dollar. Rupee fell past a crucial mark as dollar pushed higher after Trump announcement on imposing tariff over neighboring countries and China and as international oil prices spiked above 74 per barrel. Indian shares also look set to open on a positive note Tuesday as investors react to the latest tariff developments and monitor foreign fund flows. The dollar index fell from its strongest in more than two years after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month, and said he'd hold further talks with China.