May 30, 2013 / 4:07 AM / 4 years ago

MARKET EYE-USD/INR eases; Asian FX stronger

* USD/INR lower in volatile trading at 56.11/12 versus
its Wednesday's close of 56.17/18, tracking gains in regional
currencies.
* Asian currencies are mostly trading stronger versus the
dollar. See for a snapshot.
* Local shares marginally lower at opening, down 0.2 percent.
* The dollar remained under pressure in early Asian trading on
Thursday, after tumbling more than 1 percent against the yen in
the previous session, on growing expectations that the U.S.
Federal Reserve will maintain its stimulus for the time being.
 
* Dealers will watch the gross domestic product data scheduled
to be released on Friday, and are hoping weaker growth will push
the RBI to cut interest rates again next month.

 (subhadip.sircar@thomsonreuters.com/subhadip.sircar.thomsonreut
ers.com@reuters.net)

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