The rupee was trading up by 32 paise, at 61 rupees, 9 paise against the dollar in late morning deals. Earlier, the domestic currency had opened 51 paise higher at nearly a four-month high of 60 rupees, 90 paise.The gain was attributed to persistent selling of the American currency by banks and exporters, on hopes of more foreign capital inflows, amidst a strong equity market.In the previous session on Friday, the rupee had gained 34 paise to close at a five-week high of 61 rupees 41 paise.