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MARKET EYE-USD/INR edges lower; global cbank decisions eyed
March 7, 2013 / 6:58 AM / 5 years ago

MARKET EYE-USD/INR edges lower; global cbank decisions eyed

* USD/INR trading at 54.69/70 versus it previous close
of 54.7150/7250.
* Traders say rumours of a cut in the withholding tax for bonds
leading to some selling the dollar.
* Traders expect the pair to move in a 54.60 to 54.90 range
during the session.
* Rate decisions by central banks in Japan, Britain and the euro
zone due later in the day will be watched for further direction.

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

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