The rupee was trading strong by 25 paise at 63.13 against the dollar at 4.05 pm local time due to dollar selling by exporters amid capital inflows into the domestic equity market.
After opening strong by 9 paise at 63.29 at the Interbank Foreign Exchange market, the domestic unit hovered in the range of 63.13-63.38 in the afternoon trade.
Dealers said gains in major global currencies against the US dollar overseas and firm equity market also supported the rupee.
The domestic unit had closed 29 paise higher at 63.38 yesterday following fresh dollar selling by exporters and foreign fund inflows in domestic debt.