Indian rupee settled higher against dollar on last trading day of the week. Traders got support with Union Minister for State for Commerce and Industry Anupriya Patel’s statement that India's merchandise and services exports combined in the current financial year ending March will be close to $760-770 billion. The country's merchandise and services exports stood at $672 billion in the last fiscal. On the global front, sterling rose on Friday after Britain's economy was shown to have grown by more than expected in January, further allaying fears of a recession. Dollar index was steady on Friday, a rare spot of calm in volatile global markets ahead of key U.S. payrolls data later in the day, while the yen weakened after the Bank of Japan kept stimulus settings steady.
Finally, the rupee ended at 82.02 (Provisional), stronger by 4 paise from its previous close of 82.06 on Thursday. The currency touched a high and low of 82.14 and 81.99 respectively.
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