The Reserve Bank of India's (RBI) likely sold dollars via state-run banks on Wednesday as the rupee headed towards a record low, three dealers told Reuters.
The RBI likely sold dollars from 61.17 levels, they said. The rupee was last at 61.12/13, not far from the life low of 61.21 seen on July 8.
 "RBI most likely intervened as rupee neared record low")
