May 30, 2012 / 7:57 AM / 5 years ago

MARKET EYE-USD/INR keeps gains, RBI absent

* USD/INR at day's high of 56.20 from 55.67/68 last close as
traders continue to play on euro weakness, stock losses.	
* Dealer with private bank says pair may move toward life high
of 56.40 in session, but unlikely to breach.	
* RBI has not been spotted in recent sessions, with traders
saying the rise in pair over past two sessions has been orderly,
with exporter selling also seen.	
* Local stocks down 0.7 percent.	
	
 (subhadip.sircar@thomsonreuters.com/;
subhadip.sircar.thomsonreuters.com@reuters.net)

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