MUMBAI, Nov 24 (Reuters) - The Reserve Bank of India was
spotted intervening in the foreign exchange market after the
rupee fell to as low as 68.8350 per dollar on Thursday,
on the verge of surpassing its previous record low of 68.85 in
August 2013, traders said.
The rupee was trading between 68.81 and 68.83 per dollar,
compared with its close of 68.56 on Wednesday.
The rupee has been hit hard this month by a rally in the
dollar and outflows from emerging markets, as well as worries
about the country's demonetisation drive.
(Reporting by Suvashree Dey Choudhury and Rafael Nam; Editing
by Subhranshu Sahu)