Ends at 49.285/295 per dollar
Rupee rose to its highest since mid-February on Friday before ending a volatile session little changed, having been bounced about by weakness in the dollar and a 2 percent drop in the local sharemarket.
Rupee ended at 49.285/295 per dollar, virtually unchanged from Thursday's close of 49.28/29. The rupee rose as high as 49.22 during trade, its strongest since 17 February 2009.