The rupee trimmed its initial gains against the American currency, but was quoted still up by 12 paise to 61.89 per dollar on selling of dollars by banks and exporters ahead of RBI's policy review. Weakness of dollar in the overseas market also boosted the rupee sentiment. The rupee resumed higher at 61.90 per dollar as against the last closing level of 62.01 per dollar at the Interbank Foreign Exchange Market and hovered in a range of61.84 to 61.91 per dollar before quoting at 61.89 per dollar at 1045hrs.