RBI seen selling dollars around 42.92 - traders

A money changer counts U.S. dollars in Mumbai in this May 21, 2003 file photo.... Enlarge Photo A money changer counts U.S. dollars in Mumbai in this May 21, 2003 file photo....

Tue, Jun 10 10:50 AM

MUMBAI (Reuters) - The Reserve Bank of India was seen selling dollars around 42.92 per dollar on Tuesday after the currency weakened in early deals on concerns foreigners may pull out more from local stocks amid growing risk aversion.

At 10:27 a.m., the partially convertible rupee was at 42.90/91, off an early low of 42.93, but weaker than Monday's close of 42.87/88.

(Reporting by Saikat Chatterjee)

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