Rupee hits record low, mild RBI intervention seen


By Suvashree ChoudhuryMUMBAI (Reuters) - The rupee on Monday touched an all-time low of 69.62 per dollar in early trade, tracking broader weakness in other emerging market currencies on concerns of a spill-over from a crisis-hit Turkey.The Reserve Bank of India was seen intervening to stem a sharp fall in the rupee, two dealers said.

"The RBI was there to curtail the volatility in early trade, but not in a big way," said a senior dealer at a foreign bank.The rupee reversed marginally from its record lows to trade at 69.53 to the dollar. It had.....

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