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HindustanTimes Fri,18 Apr 2014

Rupee trading near record low; RBI intervention eyed

Reuters  Mumbai, June 21, 2013
First Published: 10:10 IST(21/6/2013) | Last Updated: 10:15 IST(21/6/2013)

The Indian rupee opened weaker to close in on a record low on Friday, with traders expecting the Reserve Bank of India to step in to sell dollars should the currency approach 60 against the greenback.

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The rupee was trading at 59.69/70 to the dollar at 9.03 a.m., not far from a record low of 59.9850 hit on Thursday

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