The RBI likely sold dollars via state-run banks starting at 57.22 rupees, after the rupee earlier hit a record low at 57.32, four dealers said on Friday.
At 4:22 pm, the rupee was trading at 57.11/12 per dollar versus previous close of 56.30/31.
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RUPEE-RBI-INTERVENTION:RBI sold dollars via state banks: traders
The RBI likely sold dollars via state-run banks starting at 57.22 rupees, after the rupee earlier hit a record low at 57.32, four dealers said on Friday.
At 4:22 pm, the rupee was trading at 57.11/12 per dollar versus previous close of 56.30/31.
First Published: Jun 22 2012 | 4:31 PM IST