The Indian rupee rose by 10 paise to 44.94 per U.S. dollar at the Interbank Foreign Exchange on Friday, supported by a rally in the domestic stock market and dollar weakness against the euro overseas.

Forex dealers said a higher opening in the stock market and dollar losses against the euro and other currencies kept the rupee sentiment firm.

The rupee had lost 9 paise to close at Rs. 45.04/05 per dollar in the previous session on fresh dollar demand from importers.

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