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Indian rupee gains; heavy cbank hand seen

Source : REUTERS
Last Updated: Wed, Sep 04, 2013 11:40 hrs

MUMBAI, Sept 4 (Reuters) - The Indian rupee gained on Wednesday as heavy dollar selling by state-run banks, which dealers cited as likely on behalf of the central bank, helped offset early losses.

The rupee closed at 67.065/075 to the dollar as against Tuesday's close of 67.63/64. It had fallen to 68.62 in early session, not far from its record low of 68.85 seen last week.

For a detailed story on the rupee, see (Reporting by Subhadip Sircar; Editing by Sunil Nair)

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