- AAP dharna hits commuters hard, 4 Delhi Metro stations closedAir India knocks govt door for free passes to officers on deputationIndian rupee against US dollar: Daily close above 62:60 needed to break down trendAir India defends free tickets facility despite huge losses, invokes Indian Railways, road transporters
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.