Reuters Market Eye - The rupee is trading at 62.10/11 versus its prior close of 61.98/99 as importers, particularly oil firms, buy the greenback to fulfil month-end payment commitments.
Losses in other Asian currencies versus the dollar also boost sentiment for the pair.
Gains in the domestic share market, currently trading up 0.3 percent, however limit further gains in the pair.
Traders say some foreign fund inflows towards debt investment also seen limiting gains in the pair.
Dealers will now await the December quarter growth data for near-term direction. The data is due to be released at 1730 IST, post market close.
(Reporting by Swati Bhat)