The rupee resumed higher at 62.45 per dollar as against the last closing level of 62.50 to a dollar at the Interbank Foreign Exchange (Forex) Market and firmed up further to 62.26 before quoting at 62.35 per dollar at 1040 hrs. It moved in a range of 62.26 and 62.46 per dollar during the late morning deals.
    
Weakness of the Greenback in the overseas market mainly boosted the rupee against the dollar, a forex dealer said.

In New York market, the US dollar fell against the euro on Tuesday, but continued to show strength against commodity currencies such as the Australian dollar.
    
Also, the consumer confidence index declined to 70.4 this month from 71.2 in October as a result of more concern among Americans about future employment and income. Economists had expected the index to rise to 72.4, according to a MarketWatch poll.
    
Meanwhile, the BSE benchmark Sensex was quoted slightly lower at 20,419.78 at 1045 hrs.

(Agencies)

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