The rupee rose by 19 paise to 62.25 per dollar in late morning trade today on fresh selling of dollars by banks and exporters due to good capital inflows from foreign funds into equity market. The rupee resumed higher at 62.35 per dollar as against the last closing level of 62.44 per dollar at the Interbank Foreign Exchange. Persistent foreign capital inflows in view of firm trend in equity market mainly boosted the rupee value against the dollar.In New York, the US dollar rose against the yen last Friday, setting a new six-month high.