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Rupee trading near record low; RBI intervention eyed

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

Updated on: Jun 21, 2013, 10:15:24 IST
Reuters | By , Mumbai
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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