The rupee resumed higher at 62.42 as against the last closing level of 62.53 per dollar at the Interbank Foreign Exchange (Forex) Market and hovered in a range of 62.36-62.47 per dollar before quoting at 62.41 at 1045 hrs.
In New York, US dollar rebounded against the yen on Tuesday while the Australian dollar jumped after Australia’s Central Bank indicated it’s no longer leaning toward cutting interest rates.
Meanwhile, the Indian benchmark sensex was quoted lower by 69.29 points of 0.34 percent to 20,142.64 at 1045hrs.


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