The rupee gained 9 paise to settle at 72.96 (provisional) against the US dollar on Friday even as the domestic equity markets closed with significant losses.
At the interbank forex market, the rupee opened at 73.01, and hit an intra-day high of 72.93 and a low of 73.01. It finally finished at 72.96, higher by 9 paise over its last close.
On Thursday, the rupee had finished at 73.05 against the American currency.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, advanced 0.32 percent to 90.74.