Pause in dollar rally offers relief to rupee after 86 breach
The Indian rupee is set to open higher on Friday, tracking a broader recovery in Asian peers and supported by a pause in the US dollar index's near-term uptrend. The 1-month non-deliverable forward indicated an open in the 86.00-86.02 range versus 86.0750 on Thursday, marking the rupee's first sub-86 finish in nearly a month.