Reuters Market Eye - The rupee trims gains in the afternoon session to trade at 60.74/75 versus Thursday's close of 60.88/89, sharply off the day's low of 60.45.
Traders say good demand for the greenback from importers, particularly oil firms, is seen helping the pair.
The RBI's latest round of measures to further tighten banking system cash conditions are failing to have a large impact on the rupee at least immediately.
(Reporting by Swati Bhat)
