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USD/INR likely to test 62.00 levels

Thursday, March 19, 2015 3:14 AM UTC

Pair wary of intervention, may test 62.00 handle, short cover should halt
expected to open at 62.23 vs 62.69 close on sell-off in NDFs overnight
Bullish stocks and bonds as pair is weighed by dovish Fed
NDFs traded in 62.62-63.25 range overnight, closed 62.65-62.69 in NY

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USD/INR likely to test 62.00 levels

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