Indian rupee was almost steady against the US currency in late morning trade today on stray dollar sales by exporters. The domestic currency resumed lower at 46.75/77 a dollar against its last close but later recovered and was quoted at46.69/70 a dollar in late morning deals. Dealers said exporters were seen selling dollar in early trade as the dollar held at its 2-1/2-month high against a basket of major currencies in overseas markets.