Earlier, the rupee resumed slightly higher at 61.62 per dollar as against on Wednesday close of 61.63 at the Interbank Foreign Exchange market.

Later, it traded strong at 61.50 on sustained dollar selling by exporters before quoting at Rs 61.64 at 11:00 am.

It hovered in the range of 61.50-61.64 per dollar during the morning trade. Rallying equities and heavy capital inflows capped the rupee losses, dealers said.

In New York, US dollar is trading higher against basket currency in early trade and the Canadian dollar languished at its lowest in nearly six years, having suffered a massive drop after the Bank of Canada stunned markets by cutting interest rates.

Meanwhile, the BSE Sensex were trading higher by 100.91 points, or 0.35 per cent, to 28,989.77 in late morning trade.

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