The rupee opened flat at 71.61 per dollar vs. previous close 71.60/$.
Meanwhile, oil prices on Friday were steady amid quiet trade with the US Thanksgiving holiday underway, while investors awaited a meeting of OPEC and its allies next week that may result in the extension of a production cut agreement to support the market.
Gold slipped and was set for its worst month in 3-years as hopes for a US-China trade deal supported demand for riskier assets and the dollar, weighing on the safe-haven metal.
The local unit on Friday fell 25 paise to end at 71.60/$.
Back home, the Sensex is down 113 points and the Nifty fell 34 points.