Indian rupee continued to trade higher in late morning trade Monday as the dollar slipped against major units and other regional currencies. The partially convertible rupee was seen trading at 46.57 per dollar at 11.15 a.m, stronger than its previous close of 46.81 per dollar. The local unit resumed stronger at 46.63/64 a dollar against its last close of 46.80/81 a dollar and later strengthened to a high of 46.50. The rupee also drew support from heavy FII inflows into equity in the last few months.

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