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Rupee off lows; US, large state-run banks sell dollars

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Reuters

Reuters Market Eye - The rupee is off lows on some dollar selling by a large U.S. bank as well a large state-run bank, dealers say.

Pair at 59.90/91, off 60.0750 highs, versus its previous close of 59.56/57.

"A large US bank was selling around 59.90/91 levels," says a senior dealer.

Local stocks also in positive zone, 0.5 percent higher.

(Reporting by Subhadip Sircar)

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First Published: Jul 15 2013 | 3:01 PM IST

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