The rupee trimmed gains made in early morning trade on Friday but was still up 12 paise at 61.27 per dollar on selling of the American currency by banks and exporters in view of sustained foreign capital inflows.

The rupee resumed higher at 61.08 per dollar as against the last closing level of 61.39 at the Interbank Foreign Exchange (Forex) Market.

It firmed up further to 61.06 per dollar. However, the local currency trimmed its early gains and was quoted at 61.27 per dollar at 1040 hours (IST).

It moved in a range of 61.06 and 61.29 per dollar during morning deals.

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