RB likely selling dollars via state-run banks - traders

MUMBAI (Reuters) - The Reserve Bank of India (RBI) likely sold dollars via state-run banks starting at around 63.95 levels to prevent further weakness in the currency, four traders told Reuters on Thursday.

The partially convertible rupee was trading at 63.65/66 per dollar at 3.30 p.m. (1000 GMT) compared with its close of 63.38/39 on Wednesday.

(Reporting by Swati Bhat and Subhadip Sircar; Editing by Prateek Chatterjee)


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