The Indian rupee opened flat at 70.86/$ on Friday against its previous close of 70.88/$.
The Indian rupee rebounded and settled higher by 20 paise at 70.88/$ on Thursday as the USD weakened and crude oil prices softened.
Sustained foreign fund outflows and weakness in domestic equities, however, have capped gains.
Meanwhile, Indian benchmark indices opened in the green, however, they are trading extremely volatile before the apex bank announced the outcome of the monetary policy review meet later today.
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