The Indian rupee strengthened against the U.S. dollar in the morning deals on Friday, as regional shares rose.

The benchmark S&P BSE Sensex is currently up 35.15 points or 0.42 percent at 8,366, while the broader CNX Nifty index is up 34.25 points or 0.42 percent at 8,268.

Against the greenback, the rupee rose to a 4-week high of 62.2550 from an early low of 62.6950. At yesterday's close, the rupee was trading at 62.4750.

If the rupee extends its uptrend, it is likely to find resistance around the 61.74 area.

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