Mumbai: Falling in line with the equity market, the Indian rupee on Thursday felt by 32 paise to 62.42 against the dollar on fresh demand of the US currency from bankers and importers.
In the morning trade, the Indian currency had resumed higher at 62.05 against the dollar.
On Wednesday, the rupee had closed at 62.10 after gaining 12 paise, a 3-week high.
Meanwhile, the BSE sensex felt by 225 points, the second biggest drop this month, to trade at 20,193.35.
The markets felt on on poor earnings of Cipla and Coal India, weak global cues and continued worries over the domestic economy.