The rupee-dollar forward premiums rose for the second consecutive session as exporters received in longer tenors, particularly 11-12 months, dealers say.
The 1-year trading was at 318.25/2525 paise vs 319.50 paise at last close.
Spot rupee is trading at 55.46/47 versus its 55.39/40 close on Tuesday.
The spot pair came off lows of 55.73 hit in early session on large selling by custodial banks and a large dollar sale by a Japanese bank related to a corporate deal, dealers say.
