August 13, 2014 / 3:13 AM / 3 years ago

MARKET EYE-USD/INR seen up after IIP, CPI data

* USD/INR set to open higher after closing on Tuesday
at 61.08/09.
* Analysts disappointed with IIP and CPI data out Tuesday
evening.  
* The pair touched 61.74 last week, its highest since March 5.
* Asian currencies trading mixed to positive versus the dollar.
 
* The pair trading at 61.27/29 in the offshore non-deliverable
forwards, indicative of spot trade.
* Indian shares may open lower on geopolitical worries, besides
CPI and IIP data. 

 (gaurav.pai@thomsonreuters.com/;
gaurav.pai.thomsonreuters.com@reuters.net)

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