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USD/INR may bounce on short cover ahead of US payrolls data

Thursday, July 2, 2015 3:09 AM UTC

Pair ended at 63.61 yesterday; rise in Sensex weigh
Pair may trade 63.60-63.70 today; good support seen around 63.55
FY16 GDP forecast lower to 7.8% vs 8.0% last; FY17 down to 8.1% from 8.3% previous
NDFs traded 63.90-63.96 range overnight, closed 63.85-91 in NY

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USD/INR may bounce on short cover ahead of US payrolls data

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