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USD/INR likely to consolidate, market eyes on June manufacturing PMI

Wednesday, July 1, 2015 3:03 AM UTC

Pair remains heavy on FDI sales, bullish on economic outlook
Dips below 60.60 unlikely on intervention fears, Increased selling pressure in EUR
INR NDFs traded btw 63.91-64.01 range overnight, closed 63.91-97 in NY
June manufacturing PMI eyed at 0500GMT, Previous 52.6
India April-may fiscal deficit trln, 37.5% of government estimate for FY16

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USD/INR likely to consolidate, market eyes on June manufacturing PMI

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