Reuters Market Eye - The rupee is trading higher at 62.14 per dollar versus its close of 62.26/27 on Thursday.
A dealer says USD/INR direction to be flow-based with no major cues.
The pair is expected to hold in a 62 to 62.50 range during the day, dealers say.
A brisk U.S. manufacturing survey gave Asian stocks markets a lift and bolstered the dollar, though underlying concerns about China's economic growth kept investors from rushing to buy some emerging market shares.
Traders will watch domestic share market moves for cues on the direction of foreign fund flows.
(Reporting by Subhadip Sircar)