In line with the equity market, the rupee trimmed early losses and was quoted down 39 paise to 62.18 against the Dollar on demand from banks and importers for the US currency as it strengthened overseas. The rupee resumed lower at 62.07 per dollar as against the previous close of 61.79 at the interbank foreign exchange market and dropped further to 62.30 before quoting at 62.18 in late morning trade.