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USD/INR should continue 62.00-30 range

Monday, February 23, 2015 2:38 AM UTC

USD/INR to open around 62.13, should remain in 62.00-30 range
Intervention fears support, month end oilers demand further strengthens
RBI intact on accumulating FX reserves, up bln in previous 3 weeks
INR NDFs traded 62.46-62.60 range overnight, closed 62.42-46 in NY

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USD/INR should continue 62.00-30 range

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