Reuters: Money News: RBI likely sold dollars via state-run banks, dealers say

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RBI likely sold dollars via state-run banks, dealers say Aug 16th 2013, 11:17 MUMBAI (Reuters) - The RBI likely sold dollars via state-run banks from 61.85 rupee levels, three traders said, propping the local currency battered on Friday after policy makers efforts to defend the rupee have fallen short and as local stocks slumped.

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