Rupee Trades Flat Amid Mixed Global Cues
The Indian rupee closed flat at 95.89 against the US dollar on Friday, influenced by mixed global cues.
A strong US dollar and a Fed rate hike had initially weighed on the rupee, but easing crude prices helped cap its fall.
According to Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, traders may take cues from industrial production data from the US.