Rupee sees best week in five; traders await US jobs data

The Indian rupee closed at 82.3050 against the US dollar on Friday, resulting in its best week in five due to the weakening of the US dollar. Upbeat Indian economic growth figures coupled with an improvement in foreign investment have improved investor confidence in the country. US economic data is now being monitored in order to predict the direction of the US Federal Reserve in relation to interest rates which could impact the dollar index.

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