April 9, 2013 / 3:07 AM / 4 years ago

MARKET EYE-USD/INR to drop tracking regional share, currency gains

* USD/INR is seen opening weaker compared with its
previous close of 54.56/57, tracking gains in regional share
markets.
* The pair is seen opening around 54.40 and moving in a 54.30 to
54.70 range during the session.
* The Nifty India stock futures traded in Singapore 
currently trading up 0.4 percent. Stronger domestic shares will
also hurt the pair.
* All Asian currencies trading stronger compared with the
dollar. See for a snapshot.
* Trades will monitor demand from importers during the day for
cues.

 (swati.bhat@thomsonreuters.com/;
swati.bhat.thomsonreuters.com@reuters.net)

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