Indian rupee has strengthened against US dollar on Friday. Local currency gained 8 paise or 0.12 percent against dollar to settle at 64.52.
Rupee has witnessed a high of 64.42 and a low of 64.59. Its 52-week range was 63.93-68.86.
The Dollar index, a measure of the value of the US dollar relative to a basket of foreign currencies, declined 0.22 percent to settle at 97.39.
Local stock markets ended lower on Friday erasing earlier gains. At the close, the benchmark 30-share index, BSE Sensex lost 152.53 or 0.49% at 31,138.21 with 22 components posting drop. Meanwhile, the broad based NSE Nifty fell by 55.05 or 0.57% at 9,574.95 with 38 components registering drop.