The Indian rupee was higher in afternoon trade on Friday as a weak dollar overseas boosted sentiment while some gains in the local share market which had dropped 1.8 percent early also helped.* At 2:10 p.m., the partially convertible rupee
* The dollar tumbled on Friday, retreating from a three-year peak against a basket of currencies hit this week, as investors braced for data expected to show an acceleration in U.S. job losses last month. [USD/].
* The South Korean won dropped to an 11-year low but then turned up sharply on Friday, leading Asian currencies higher as investors also took heart on signs of confidence in Beijing that China's economy is recovering.
* Indian shares .BSESN were 0.4 percent higher after having dropped 1.8 percent early as investors chased bargains in the battered market that had dropped to its lowest close in more than three years in the previous session. [.BO].
* The most-traded near-month currency futures contract on the National Stock Exchange and the MCX-SX were quoting at 51.6775 and 51.6725 respectively, with the total volumes at around $550 million. INRFUTURES (Reporting by Swati Bhat; editing by Rohini Ananthan)
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