On Friday, the rupee strengthened versus the US dollar by 14 paise to 82.58 (provisional)

However, the strong US dollar relative to important foreign currencies restrained the home currency's upward trend

The dollar index is trading above the 104-level on safe-haven appeal, as US President Joe Biden 

House Speaker Kevin McCarthy are reportedly close to reaching an agreement on the US debt ceiling.

At the interbank foreign exchange market, the local unit opened at 82.73 against the US dollar

During the day, the domestic unit witnessed an intra-day high of 82.56 and a low of 82.73 in the day trade.

On Thursday, the rupee closed at 82.72 against the US currency.

Investors are keeping an eye on a potential debt-ceiling deal, which could happen over the weekend