The rupee hit a new five-month low on Wednesday, falling below the previous session low of 54.15 to the dollar and fast approaching a record low of 54.30 hit in December as global risk aversion intensified.
Most traders cited no RBI intervention yet, though a few dealers said the RBI might have sold mildly around 54.10 levels
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Most traders cited no RBI intervention yet, though a few dealers said the RBI might have sold mildly around 54.10 levels
....more info