Indian rupee has strengthened on Friday against US dollar. Indian currency went up 27 paise or 0.44 percent against dollar to trade at 61.43. Rupee has witnessed a high of 61.37 and a low of 61.45. Its 52-week range was 58.34-63.89.

ICICIdirect expects the US dollar to meet resilience on rallies against the rupee. Utilise pullbacks in the USD/INR January contract to sell. Sell USD/INR January futures in the range of 61.91-62.01 with target 61.91-62.01.''

Meanwhile, Swastika Investmart expects the rupee to trade on a neutral to positive note against the dollar taking cues from upbeat global and domestic market sentiments. However, strength in the dollar index and positive employment data from US may cap sharp gains in the rupee.

Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.