The domestic unit opened flat against the dollar against Thursday’s close of 53.70 on a firm euro and mild inflows.
The Indian currency strengthened to 53.60 as euro edged up against the American currency. However, uncertainty on Greece and Spain capped the gains as dollar strengthened against other currencies.
However, sustained dollar sales by exporters and banks along with positive domestic and Asian equity markets boosted the rupee sentiment.
At 1.23 pm, the rupee was trading higher at 53.67 per dollar at the Interbank Foreign Exchange market.
The overnight call money rates were trading higher at 7.95 per cent. The call rates opened slightly higher at 8.05 per cent from its previous close of 8 per cent. The rates touched the 8.1 per cent levels in the morning trade.
The 10-year benchmark 8.15 per cent government security, which matures in 2022, was trading lower at Rs 99.63 from the previous close of Rs 99.76, while the yield was marginally higher at 8.20 per cent from 8.19 per cent.
