The Indian rupee firmed up further by three paise to 54.19 against the American currency in the late morning trade on persistent selling of dollars by banks and exporters in view of weakness of dollar overseas. Sustained capital inflows from foreign funds into equity market also boosted the rupee value against the dollar, a foerx dealer said.The rupee resumed higher at 54.15 per dollar as against the last closing level of 54.22 per dollar at the Interbank Foreign Exchange, Forex Market and hovered in a range of 54.15 per dollar and 54.24 per dollar before quoting at 54.19 per dollar at 1040hrs.