MUMBAI (Reuters) - The RBI was suspected to have sold dollars via state-run banks starting at around 62.93 rupee levels in a bid to support the local currency, three dealers said on Friday.
The rupee was last trading at 62.91/92 versus Thursday's close of 62.93/94 after earlier in the session weakening to as much as 63.0850 per dollar.
(Reporting by Archana Narayanan; Editing by Rafael Nam)