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USD/INR holds range

  • USD/INR expected to remain in 62.00-20 range ahead of Yellen tonight

  • FII related selling weigh on pair but oilers, corporate interests strengthen

  • NDFs well offered by real money overnight, but short cover at 62.45 holds

  • The 1month traded 62.45-62.59 range in NY, ended at 62.44-48 

 

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