Weakness of dollar in the overseas market has boosted the rupee value
Weakness of dollar in the overseas market also boosted the rupee value, a forex dealer said.
In New York market, the dollar had slipped against the euro on Friday.
Back home, the rupee resumed at at 53.44 a dollar as against the last weekend's level of 53.45. It firmed further to 53.05 before quoting at 53.25, at 1100 hrs.
The domestic currency has moved between 53.05 and 53.52 per dollar during the morning deals.
After touching a five-month high on Friday, the rupee is likely to touch a high of 52.25 to the US dollar this week as foreign fund inflows are ...