Mumbai, Oct 9 (PTI) The rupee firmed up further from initial gains against the US greenback, gaining 35 paise to 61.05 per dollar today on persistent selling of the American unit by banks and exporters amid bearish dollar overseas and rallying domestic equities.
The rupee resumed higher at 61.13 per dollar as against yesterday’s closing level of 61.40 at the Interbank Foreign Exchange (Forex).
It gained further to 61.04 and was quoting at 61.05 per dollar at 1030 hours.
The domestic unit moved in a range of 61.14 and 61.04 per dollar during the late morning deals.
In the New York market, the US dollar languished at a two-week low against its major rivals in early trade, having fallen for a third straight session minutes after the US Federal Reserve’s last policy meeting which prompted markets to push out the likely timing of an interest rate rise.
Meanwhile, the benchmark BSE Sensex was trading higher by 309.86 points, or 1.18 per cent, to 26,556.65 at 1030 hours.
