Earlier, the rupee opened higher 63.35 against last closing level of 63.48 at the Interbank Foreign Exchange market.
It was quoting at 63.31 at 11 AM on sustained bouts of dollar selling.

The rupee hovered in a range of 63.45 and 63.31 during morning deals.

Overseas, in New York the dollar was up against its major rivals in morning trade, after overnight broader pressure on renewed hopes that cash-strapped Greece was a step closer to securing fresh funding.

Meanwhile, the BSE Sensex was trading higher by 127.57 points or 0.47 percent to 27,304.56 in late morning trade.

Latest News  from Business News Desk