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USDINR closed at 61.81 against its open at 61.60
India November Trade Deficit at $ 9.22 Bln Vs $ 10.56 Bln.
Indian factory output probably shrank in October, hurt mainly by key infrastructure industries cutting production for the first time in eight months
Dollar index fell to a five week low tracking a stronger Euro amid expectations of a rebound in the Euro zone after ECB president Mario Draghi refrained from cutting interest rates
Consumer inflation is expected to just nudge lower to 10.00 percent in November, from 10.09 percent
An expansion in farm output and some infrastructure helped India's economy recover slightly in the July-September quarter, but growth still hovered close to decade lows.
China November CPI rose 3% belying expectations of a 3.2% rise.
Asian stocks traded lower on weak data in China and a weaker Yen amid fears of the US Fed Reserve tapering its monetary stimulus.
Imports at $ 33.83 Bln Vs $ 37.83 Bln
Exports at $ 24.6 Bln Vs $ 27.27 Bln
Imports in November lowest since 2011.
Nov CPI at 11.24 % Vs. 10.09%(MoM)
October IIP contracted to 1.8% Vs. 2%(MoM)
Indian Economy Showing Signs Of Recovery
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