It closed on a flat note against the US dollar on Friday amid a strong trend in the domestic equity markets and a stronger dollar in overseas markets.
In the interbank forex market, the local unit opened at 72.57 against the greenback and saw an intra-day high of 72.46 and a low of 72.58.
It finally closed at 72.52 against the US currency, registering a gain of just 1 paise over the previous close. The rupee had closed at 72.53 against the US dollar on Thursday.
On the domestic equity market front, the BSE Sensex rose 641.72 points or 1.30% to 49,858.24, while the broader NSE Nifty rose 186.15 points or 1.28% to 14,744.00.
The Dollar Index, which estimates the strength of the greenback against a basket of six currencies, advanced 0.08% to 91.94.
Brent crude futures, the global oil benchmark, rose 1.33% to $ 64.12 a barrel.
Foreign institutional investors remained net buyers in the capital market on Thursday, according to exchange data, as they bought shares worth ₹ 1,258.47 crore.
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