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MARKET EYE-USD/INR retreats from 7-month high, caution ahead of holidays
October 1, 2014 / 7:13 AM / 3 years ago

MARKET EYE-USD/INR retreats from 7-month high, caution ahead of holidays

* The USD/INR pair retreats after opening at 61.95, its
highest since March 4.
* The pair now trading at 61.7150/72 vs the previous close of
61.7450/61.7550.
* Traders pare positions ahead of holidays: markets will be
closed from Thursday to Monday. 
* Most Asian currencies in the red on concerns about Hong Kong
protests. 
* The dollar continues to trade at 4-year highs. 
* The NSE Nifty down 0.24 percent in line with Asian
shares.

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