The Indian rupee stayed steady at 53.92 per dollar in the late morning trade in the retrospective of Reserve Bank of India policy meeting today.The rupee resumed lower at 53.96 per dollar as against the last closing level of 53.91 per dollar at the InterbankForeign Exchange (Forex) Market on good dollar demand from banks. However, it recovered afterwards to 53.87 per dollarbefore quoting at 53.92 per dollar when report last came in.