Rupee falls tracking Asian peers, IIP data eyed

Weak domestic shares also hurt the rupee

Rupee was trading at 60.29/30 versus its close of 60.07/08, tracking losses in most other Asian currencies.

Traders will watch February's factory output data due later in the day and consumer price inflation data next week.

Reserve Bank of India governor ran into a wall of resistance on Thursday when he urged some counterparts in developed economies to more formally consider the effects their domestic stimulus has on emerging markets.

Sensex is trading weaker in early trade, which is  also weighing on rupee and will be monitored for cues on foreign fund flows.