The Indian rupee opened flat on Friday at 71.78/$ vs. its previous close 71.80/$.

On Thursday, the rupee inched lower by 3 paise at 71.80 against the USD amid the uncertainty regarding the US-China trade talks.

US and Asian markets rallied as China indicated that it may not immediately retaliate to the latest US tariff hikes.

Following this, the yuan rose 0.20% percent.

Meanwhile, Indian benchmark equity indices made a strong start to the day tracking positive global cues. The Nifty touched its key level of 11,000 rising 52 points in early trade.

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