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MUMBAI: The Reserve Bank of India likely sold dollars in the foreign exchange market on Monday at around 51.33 to 51.36 rupee levels, four traders said.
At 04:47 p.m. (1117 GMT), the rupee was at 51.21/22 to the dollar, after hitting a low of 51.17. It ended at 51.055/065 on Wednesday.
Indian bond, currency, stock and inter-bank cash markets were closed on Thursday and Friday for local holidays.