Reuters Market Eye - The rupee trading at 62.52/53 versus its close of 62.41/42 as lack of dollar inflows due to U.S. holidays for Thanksgiving and month-end demand from oil companies hurt.
Traders expect the pair to find good resistance at around 62.55 levels, which, if broken, can take it higher to 62.70-75 levels.
Traders, however, say gains in the domestic sharemarket may limit a very sharp rise in the pair. The BSE Sensex is trading up 1.3 percent.
India to release September-quarter GDP data with the economy expected to show a marginal pick-up in growth. The data due after market hours on Friday will be key for opening cues on Monday.
