India, which along with Indonesia had to bear the brunt of the summer selloff in emerging market currencies, is considered much better prepared this time because of the sharp rise in reserves, primarily due to $34
Dealers cited some dollar selling by state-run banks in the session, which some said may be on behalf of the central bank.
The partially convertible rupee closed at 62.14/15 per dollar compared with Wednesday's close of 62.09/10.
It fell to a two-week low of 62.48 in the session.
In the offshore non-deliverable forwards, the one-month contract was at 62.61, while the three-month was at 63.42.
2013: The worst chapter in the history of Indian automakers
Markets slip ahead of November CPI
SBI slashes home loan rates by up to 0.4%
Such things shouldn't happen to senior officials: CJI on Devyani row
Rupee continues to rule firm, quotes at 61.64 Vs dollar