The Indian rupee ended stronger on Friday as a rising stock market and the government saying it wanted more capital inflows helped overcome early selling by importers that has sent the currency to one-week lows. The partially convertible rupee ended at 46.60/61 per dollar, after falling to 46.75, its weakest since November 13, in morning trade.
It had closed at 46.6850/6950 on Thursday. One-month offshore non-deliverable forward rupee contracts were quoting at 46.59/69 per dollar, close to the onshore spot rate. In currency futures, the most-traded near-month contracts on the National Stock Exchange and MCX-SX were at 46.65 and 46.64 respectively, from Thursday's 46.6925.