Rupee up 30 paise against dollar

Tags: dollar, Rupee, News
The rupee is trading higher at 61.03/05 vs previous close of 61.34/35, tracking strength

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in equities. Local shares up 0.5 percent, tracking regional peers.

Foreign investors bought Indian shares worth $117.87 million on Thursday when the benchmark BSE Sensex fell 0.4 percent, provisional exchange data shows, highlighting the strong overseas interest for Indian equities.

The dollar's index against six major currencies currently down 0.05 percent.

Most other Asian currencies trading mixed compared with the dollar.

The U.S. dollar hovered near a three-week peak against a basket of major currencies early on Friday, but could struggle to extend gains as investors awaited more clarity on the U.S. Federal Reserve's policy path.

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