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MARKET EYE-USD/INR at 1-week low on continued flows
January 10, 2013 / 7:08 AM / 5 years ago

MARKET EYE-USD/INR at 1-week low on continued flows

* USD/INR falls to a one-week low on continued
custodial inflows. The pair at 54.58/59 versus last close of
54.75/76. It slipped to 54.57, lowest since Jan. 3.
* "Good flows continue to hit the market. Oilers are doing
sporadic buying, but are well supplied," says private bank
dealer.
* The pair has immediate support at 200-DMA at 54.5550.

 (subhadip.sircar@thomsonreuters.com/;
subhadip.sircar.thomsonreuters.com@reuters.net)

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