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RBI again seen selling dollars via state-run banks: dealers

The suspected intervention pulled back the rupee to 59.80/81 to the dollar

Reuters Mumbai
Last Updated : Jun 20 2013 | 1:14 PM IST

The RBI was again seen selling dollars around 59.90 rupee levels via state-run banks, three dealers told Reuters.

The suspected intervention pulled back the rupee to 59.80/81 to the dollar.

The rupee hit a record low of 59.9350 to a dollar earlier in trade on Thursday, breaching its previous level of 58.98 hit last week.

 

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First Published: Jun 20 2013 | 12:50 PM IST

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