The rupee dropped 12 paise to 61.91against the American currency in the late morning trade. This follows fresh dollar demand from banks and importers despite firm local equity market.The Indian unit resumed lower at 61.85 per dollar as against the last closing level of 61.79 at the InterbankForeign Exchange or Forex Market. The rupee had gained 16 paise to close at over one-week high of 61.79 against the US dollar on Tuesday after exporterssold the American currency