Media reports say that the Reserve Bank of India sold dollars via State-run banks in early trades on August 1 after the currency weakened tracking the dollar’s strength in Asia. The Reserve Bank of India was seen selling dollars from Rs 60.75 levels, say dealers.
The rupee was last changing hands at Rs 60.60/61 per dollar after falling to 60.8325 in early trades. The Rupee closed at 60.40/41 on July 31.
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