The Indian rupee opened lower by 6 paise at 70.98/$ on Friday vs. Thursday's close of 70.92/$.

On Thursday, the rupee erased its early gains and ended marginally lower at 70.92/$ amid buying of the greenback by importers and banks.

Higher crude prices and as well as USD demand from oil importers dragged the local unit.

Benchmark equity indices opened flat on Friday after global stocks dipped on weak US manufacturing data and uncertainty regarding the US-China trade deal.

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