Tuesday, 2 April 2013

US dollar, Indian rupee likely up, Asian stocks, FX lower - Indian Express

* USD/INR likely to open higher in line with losses in Asian stocks, FX. The pair last closed at 54.26/27 on Tuesday. * Dealers will watch for stock cues and developments on the political front. * The Nifty India stock futures traded in Singapore down 0.67 percent, while the MSCI\'s Asia ex-Japan index 0.52 percent lower.

* Most Asian currencies trading weaker against the dollar. For a snapshot, see. * The yen retreated from a one-month high against the dollar early in Asia on Wednesday, while the euro was subdued in a market largely lacking conviction as investors await policy decisions by the Bank of Japan and European Central Bank.



Tags: US dollar, Indian Rupee, Asian stocks, FX lower, business news



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