The local unit, however, pared some losses and was quoted at 69.18 against the American currency at 0941 hrs.
However, foreign fund inflows and higher opening in domestic equity market restricted the fall in the local unit.
Foreign institutional investors (FIIs) put in Rs 476.51 crore on a net basis Thursday, provisional data showed.
Brent crude futures, the global oil benchmark, rose 0.27 per cent to USD 71.02 per barrel.
Meanwhile, domestic bourses opened on a bullish note Friday. The BSE gauge Sensex was trading at 38,718.67, higher by 109.52 points while the NSE Nifty was trading at 11,624.70 up by 28.00 points in early trade.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)