Rupee lower; stocks trading with minor gains
Feb 26 2014 , Mumbai
A large state-run bank is on bid side, says dealers, likely to meet month-end importer requirements.
The USD/INR pair is likely to trade sideways in 61.70-62.20 band.
The yen was broadly firmer early on Wednesday, following a generally lacklustre session that saw investors give the dollar a wide berth on the back of a decline in U.S. Treasury yields.
Local stocks trading with minor gains, up 0.3 percent.