Erasing its early losses, the rupee today was trading higher by 38 paise at 59.19 rupees against the dollar on fresh selling of the US currency by exporters and banks.The rupee resumed lower at 59.74 rupees per dollar as against the last closing level of 59.57 rupees.It hovered in the range of 59.75rupees and 59.13 rupees per dollar before quoting 59.19 rupees.