Sustained capital inflows in stock market boosted the rupee sentiment, a dealer said. (Agencies)
The domestic unit resumed higher at 61.01 per dollar as against the last closing level of 61.11 at the Interbank Foreign Exchange market.
It gained further to 60.94 before quoting at 61.02 per dollar at 1045 hours. It hovered in a range of 61.11 and 60.94 per dollar during the late morning deals.
In New York, US dollar declined late on Thursday as the European Central Bank president Mario Draghi continued to brush off the threat of deflation, decreasing the chance of further easing in the short term.
Meanwhile, the BSE-30 share index Sensex rallied 207.55 points, or 0.96 percent, to 21,721.42 at 1045 hours.
Sustained capital inflows in stock market boosted the rupee sentiment, a dealer said.