“Two currency dealers Reuters spoke to said the central bank had sold at least $160 million since the devaluation to defend the currency at the new level amid depreciation pressure. On Monday, the bank pumped in around $35 million, dealers said,” the Reuters reported. The rupee yesterday closed flat at 113.89/90 rupees a dollar for the fourth straight session, dealers said.http://www.ft.lk/2011/11/29/cb-sold-160-m-to-defend-rupee-since-devaluation/
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