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MARKET EYE-USD/INR trims gains as large tech exporter sells dlrs
November 8, 2012 / 6:37 AM / 5 years ago

MARKET EYE-USD/INR trims gains as large tech exporter sells dlrs

* USD/INR trims gains to 54.47/48 versus its previous
close of 54.2050/2150, after rising to a session high of
54.6725.
* Traders say a large technology exporter was spotted selling
dollars earlier in the session while some other foreign banks
also sold the greenback.
* Some support was seen for the euro around $1.2745-50
levels, which is also hurting the dollar, traders say.
* Domestic shares trim losses to trade down 0.3
percent, after having dropped as much as 0.9 percent earlier in
the session. 

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

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