Reuters Market Eye - The rupee is trading at 61.16/17 compared with its previous close of 61.04/05 on Thursday. The pair is seen in a 61.00 to 61.30 range during the day.
Nifty is trading down around 1 percent, to be monitored for foreign fund flow cues.
Industrial output data due post market on Friday, inflation data next week are key for near-term direction.
Weak German export data raises fears of recession in the heart of Europe. Most Asian stock indexes fall.
Asian currencies trading weaker versus the dollar.
(Reporting by Swati Bhat)