 "A money lender counts rupee currency notes at his shop in Ahmedabad")
The rupee is still trading higher by 12 paise against the US dollar at 66.21 in late-morning trade on a sustained bout of dollar selling by banks and exporters.
The rupee resumed higher at 66.26 as against yesterday's closing level of 66.33 at the Inter-bank Foreign Exchange (forex) market.
It moved in a range of 66.30 and 66.22 during the morning deals before quoting at 66.21 at 1121 hours.
The dollar index was up 0.08% at 98.30 against a basket of six currencies in the early trade.
Overseas, the dollar edged down in Asian early trading today after data overnight painted a mixed picture of the US economy, with major currency pairs trading in a narrow range as traders wound down in a holiday-heavy week.
In New York, the euro edged higher against the dollar yesterday, adding to gains from the previous day, as oil prices recovered slightly.
Meanwhile, the benchmark Sensex was trading up by 256.23 points, or 1%, at 25,846.88 at 1120 hours.
