Dollar closed at 64.5450 against its opening of 64.5600. Dollar ended down on selling by private banks likely on behalf of the exporters amid remittances inflows, while investors await the release of US jobs data. The greenback turned mixed against its major peers after US President Donald Trump confirmed weeks of speculation and nominated Jerome Powell, replacing current Federal Reserve Chair Janet Yellen to head the central bank. Investors also reacted to details of the Republican plan to overhaul taxes. Yellen's term expires in February and while calling Yellen a "wonderful woman," Trump said the Fed needs "strong, steady leadership." Currently, Powell serves as a Federal Reserve governor and has been in lockstep with Yellen on monetary policy. Meanwhile, features of the Republican's tax overhaul, include a reduction of the corporate tax rate to 20% from 35%, fewer individual income tax brackets and a repeal of the taxes paid by large estates.

Indian stocks are expected to open flat Friday tracking Asian shares amid release of the details on highly anticipated tax reform plan that suggested corporate tax to be reduced 20% from 35% in US. Ahead, investors awaited the release of nonfarm payrolls data during US hours. Private-sector jobs created in October had come in at 235,000, topping expectations.

BSE Sensex closed higher by 112.34 points to 33,685.56, while the Nifty 50 rose to 10,452.50. 

INTERNATIONAL

Asian shares took a breather as investors gave a guarded reception to Republican plans for massive U.S. tax cuts, while welcoming the appointment of a centrist at the helm of the Federal Reserve.

Gold prices edged weaker in Asia with markets cautious ahead of nonfarm payrolls later in the day.

Activity picked up slightly in China's services sector in October but growth remained modest and much weaker than historical trends, a private survey showed on Friday.

Australian retailers suffered another tepid month of sales as consumers, battling stagnant wages and rising utility bills, curbed spending in an outcome that augers poorly for third-quarter economic growth.