The rupee rose 15 paise to 60.70 against the American currency in late morning trade on Tuesday on sustained selling of dollars by banks and exporters in view of strong foreign capital inflows.
The rupee resumed slightly higher at 60.82 per dollar as against the last closing level of 60.85 at the Interbank Foreign Exchange market. It improved further to 60.59 before quoting at 60.70 per dollar at 1040 hours.
The domestic currency hovered in a range of 60.59-60.85 per dollar during the late morning deals.
Meanwhile, the benchmark BSE Sensex fell by 35.69 points, or 0.16 per cent, to 21,899.14 at 1040 hrs.
