<div>The rupee is higher 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.<br /><br />The pair has traded in a 61.45-61.54 range, last 61.51/52 versus Monday (20 January) close of 61.62/63.<br /><br />Foreign banks have been buyers of $2.8 billion of rupee debt in January.<br /><br />The euro holding steady against USD, staying above a two-month low of $1.3508.<br /><br />(Reuters)<br /> </div>
