ET:RBI likely sold dollars from 53.60 rupee levels: Dealers
MUMBAI: The Reserve Bank of India likely sold dollars via state-run banks in late trading to continue supporting the rupee, four dealers said, after it had earlier announced measures to boost dollar liquidity and ease intra-day rupee volatility.
The Reserve Bank of India likely sold dollars from 53.60 rupee levels, dealers said, and extends a string of interventions from a more active central bank.
