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.