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    HomeNewsBusinessMarketsRBI seen selling USD at 63.85 levels via PSBs: Dealers

    RBI seen selling USD at 63.85 levels via PSBs: Dealers

    The rupee was last at 63.56/58 to the dollar, off its low of 64.13 seen early in session.

    August 20, 2013 / 12:18 IST

    The RBI was seen selling dollars via state-run banks, starting at around 63.85 levels, to pull the rupee off record lows, five dealers told Reuters.

    Also read: Why Sensex, rupee are crashing: Mkt has lost faith in UPA


    The rupee was last at 63.56/58 to the dollar, off its low of 64.13 seen early in session.


    Bond yields also came off with the recovery in the rupee. The 10-year yield was last at 9.27 percent, up 4 basis points on the day, tracking the rupee recovery. It rose to 9.48 percent in session.

    first published: Aug 20, 2013 10:55 am

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