MUMBAI, June 14 Reuters The Indian rupee closed nearly unchanged on Friday as intervention from the Indian central bank prevented it from hitting a lifetime low even as a broadly stronger dollar pressured most Asian currencies.

The rupee closed at 83.5550 against the U.S. dollar, barely changed from its close at 83.5425 in the previous session. The currency was down 0.2 weekonweek.

Staterun banks were spotted selling dollars to support the rupee, likely on behalf of the RBI, traders said.

Regular interventions from the Indian central bank across market segments this week have helped the rupee stay above it record low of 83.5750 hit in April.

The dollar index rose nearly 0.4 to 105.6, its highest in over a month, boosted by a weaker euro amid concerns about political uncertainty in France. Asian currencies were mostly weaker by 0.1 to 0.8.

For the dollarrupee pair, upside shall be capped around 83.70 and, on the downside, support lies around 83.3040 zone, Amit Pabari, managing director at FX advisory firm CR Forex said.

Meanwhile, dollarrupee forward premiums rose with the 1year implied yield up 3 basis points at 1.63, aided by interbank paying in nearforwards and a dip in US bond yields.

The 10year U.S. treasury yield was hovering close to its lowest level since April after softerthanexpected U.S. inflation data supported bets of a September rate cut by the Federal Reserve.

Despite choppy price action on most Asian currencies through this week, the rupee was…