India's central bank sold a net $1.18 billion in the domestic currency market in July to support a shaky rupee, data from its latest monthly bulletin released on Thursday showed.
The Reserve Bank of India did not make any dollar purchases in July. It had bought $969.50 million in June and sold $1.38 billion, making it a net seller of $413.45 million.
The Indian rupee depreciated 0.85 percent in July as foreign fund inflows were hit after a new leftist supported government took charge in May.