<div>The rupee is trading at 62.55/56 versus its close of 62.87/88, on gains in the domestic sharemarket.<br /><br />Traders, however, expect further USD/INR losses to be limited on the back of month-end dollar demand from oil firms.<br /><br />The pair is expected to move in a 62.20-62.80 range during the session, two dealers say.<br /><br />The BSE Sensex is trading up 1.4 per cent.<br /><br />(Reuters)</div>
