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The rupee is trading at 61.92/93 versus its close of 62.07/08 on Thursday. It hit a low of 61.8750 earlier in the session, its lowest since January 2.
The BSE Sensex is up 0.8% and will be monitored for cues on foreign fund flows.
USD/INR pair is seen moving in a range of 61.80 to 62.10 during the rest of the session.
Most emerging Asian currencies edged up on Friday as the dollar broadly eased, recovering some of its weekly losses, while investors awaited US jobs data for clues on how aggressively the Federal Reserve would scale back it stimulus.
