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MARKET EYE-Indian cash rates inch lower; seen rangebound
April 9, 2013 / 9:33 AM / 4 years ago

MARKET EYE-Indian cash rates inch lower; seen rangebound

* Indian cash rates trading at 7.50/7.55 percent
versus the previous close of 7.65/7.70 percent.
* Cash conditions continue to remain tight with banks' borrowing
from the central bank's repo window staying above 1 trillion
rupees for a second day. 
* Traders expect call money rates to remain in the 7.50 to 7.75
percent range in the near term. 

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

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