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Rupee off 13-month lows on exporter, RBI dollar sales

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Reuters

Reuters Market Eye - The rupee is trading at 63.42/43 versus Monday's close of 62.94/95. The Indian unit earlier hit 63.54, its lowest level since Nov. 13, 2013.

Traders say good exporter dollar sales are being seen around current levels.

Some dealers suggest RBI may also be selling USD intermittently to smoothen rupee fall, though not a broad view.

The Nifty is down 1.4 pct.

(Reporting by Swati Bhat)

 

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First Published: Dec 16 2014 | 1:48 PM IST

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