The Indian rupee fell by 10 paise to 54.26 per dollar in late morning trade after episodes of the current demand for the U.S. Currency from importers despite weakness abroad.
The rupee reopened slightly higher at 54.14 per dollar, compared to the last closing price of 54.16 in the interbank forex market dollar sales by marketers for long-term profit inflows.
Moreover, keeping the initiative fell and was extended less than 54.26 per dollar at 1040 hours in sudden episodes of currency demand U.S. Marketers amid strengthening oil prices.
It moved in a range of 54.28 and 54.14 per dollar during morning milking
On the international market, the U.S. Dollar abrogated against the Australian dollar in early trade after stronger-than-expected monthly jobs report fueling prediction about the next move of the benchmark interest rate in Australia.
For the time being, crude oil is trading higher in Asian trade.
The index of the BSE analysis 30-share Sensex India, facilitated by 13.81 points, or 0.07 percent, to 19,976.37 at 10:40 am quote.