Rtrs reporting market sources
Reserve Bank of India are suspected to have sold USD vs rupee around the session lows a short while ago of 66.57, the lowest level for the rupee since 16 Sept
Currently 66.53
One for our rupee traders out there. ForexLive, the site that just keeps on giving!
Update 06.50 GMT
Rtrs now quoting their sources as saying that 66.64 now tipped as the next resistance with the key psychological 66.50 level still breached
Heavy month-end USD demand cited by these interbank sources with particular interest in the fixing