Jul 15, 2013, 05.06 PM IST | Source: Reuters

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

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

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

The rupee is off lows on some dollar selling by a large US bank as well a large state-run bank, dealers say.

Also Read: Rupee may depreciate on higher inflation forecast: Angel

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.

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