Indian rupee has traded in a 61.45-61.54 range, last 61.51/52 versus Monday close of 61.62/63. (AP)
Indian rupee still down against US dollar with activity both on the bid and offer sides, with mainly foreign banks on the sell side and a large state-run bank being a buyer.
The pair has traded in a 61.45-61.54 range, last 61.51/52 versus Monday close of 61.62/63.
Foreign banks have been buyers of $2.8 billion of Indian rupee debt in January.
The euro holding steady against US dollar, staying above a two-month low of $1.3508.