MUMBAI: The RBI was spotted selling dollars via state-run banks starting at around 64.70 rupee levels on Monday, three traders told Reuters, after the rupee had weakened through most of the session.
The partially convertible rupee was trading at 64.28/29 per dollar at 1128 GMT, recovering sharply from the day's low of 64.75. The currency closed at 63.20/21 on Friday.
