May 8, 2012 12:38 PM

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Rupee trading higher at 52.68 against US dollar

The Indian rupee advanced further by 23 paise to 52.68 against the American currency in the late morning trade today. It advanced further due to persistent selling of dollars from banks and exporters despite firm dollar in the overseas market. The rupee resumed higher at 52.83 per dollar at the Interbank Foreign Exchange (Forex) market against the last closing level of 52.91 per dollar. It firmed up further to 52.68 per dollar before quoting at 52.76 per dollar at 1030 hrs. The domestic currency hovered in a range of 52.68 per dollar and 52.86 per dollar during the morning deals

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