The rupee continued to gain momentum against the dollar and was last trading higher by 9 paise at 62.19.
According to PTI reports there was selling of the American currency by banks and exporters in view of weakness of the greenback overseas.
The rupee resumed higher at 62.15 per dollar as against the last weekend's level of 62.28 at the Interbank Foreign Exchange market and firmed up further to 62.10. However, it trimmed its initial gains and was quoted at at 62.19 per dollar at 1045 hours after touching 62.22.
Meanwhile, Indian stock markets were trading flat with the Sensex up just 1 point in trade. Check currency rates here
With inputs from PTI