 "Rupee lower on month-end dollar demand")
The rupee is trading lower at 62.06/07 per dollar versus its close of 61.98/99 on Wednesday.
Month-end dollar demand from importers is likely to keep the USD/INR pair bid.
"Euro and other majors are lower compared to our Wednesday close," says a senior dealer.
The fiscal deficit figures for April-January period and GDP data for Oct-Dec quarter are awaited.
The dollar held steady against the yen and the euro on Friday, after a surge in US equities confirmed investor appetite for risk and helped the currency recoup some of the losses suffered earlier on geopolitical concerns.