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INDIA-RUPEE/INTERVENTION
RTX131C4
August 30, 2013
A man watches television inside his currency exchange shop in New Delhi August 30, 2013. The Indian central...
New Delhi, India
A man watches television inside his currency exchange shop in New Delhi
A man watches television inside his currency exchange shop in New Delhi August 30, 2013. The Indian central bank likely sold dollars via state-run banks starting at around 66.60 rupee levels, two traders told Reuters on Friday. The rupee recovered sharply to the day's high of 66.16 per dollar following the intervention and was trading at 66.28/29 at 0925 GMT, stronger than its close of 66.55/56 on Thursday. The unit, however, is still on course to post its biggest monthly loss ever. REUTERS/Mansi Thapliyal (INDIA - Tags: BUSINESS)
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