Business Standard

Rupee in range, no RBI action spotted

Trades at 57.17/dollar

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Reuters Mumbai

The rupee is in range, trading at 57.17/1850 vs 57.01/02 previous close and not far off the record low of 57.32 hit on Friday

Trader says month-end oil demand keeps USD/INR supported, tips 56.90-57.25 range for session.

Dealers cite no talk of RBI intervention, after likely dollar sales in each of the four previous sessions.

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First Published: Jun 27 2012 | 2:14 PM IST

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