Indian currency notes are seen inside a drawer at a shop in New Delhi, India, April 3, 2025. REUTERS
MUMBAI, Jan 2 (Reuters) – The India rupee found support near the 90-per-dollar mark on Friday, with traders citing dollar sales by state-run banks, likely on behalf of the central bank.
The rupee was trading near 89.98, repeatedly finding support around the 90 level in the past hour.
“The RBI’s presence is more evident today, though it was probably there on recent days too,” a trader at mid-sized private sector bank said.
Reporting by Nimesh Vora; Editing by Mrigank Dhaniwala
