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The rupee was off lows in afternoon trades due to dollar sale by state-run banks on behalf of the Reserve Bank of India (RBI).

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	The rupee was off lows in afternoon trades due to dollar sale by state-run banks on behalf of the Reserve Bank of India (RBI).</div>
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	At 1:10PM the rupee was trading at Rs 61.95 compared with previous close of Rs 62.16 per dollar.</div>
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	In early trades today the rupee was trading weaker and had breached the Rs 62 mark due to month end dollar demand from importers.</div>
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Rupee recovers on dollar sale by banks

At 1:10PM the rupee was trading at Rs 61.95 compared with previous close of Rs 62.16 per dollar

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