RBI likely sold dollars to keep rupee from record low: Traders

The rupee was quoted at 83.0250 to the U.S. dollar, down about 0.1% from the previous session. On the interbank order matching system, before the normal OTC opening time of 9.00 a.m., the rupee had dropped to 83.16. The RBI likely sold dollars to pull the rupee back near the 83 level.

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