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USDINR opened at 61.39 against its previous day close at 61.45.
The Nifty has gained nearly 31 percent in U.S. dollar terms so far this year to remain Asia's best performing equity index, helped by optimism tied to the election of Narendra Modi
The U.S. Fed ended its monthly bond purchase program and signaled confidence the U.S. economic recovery would remain on track despite signs of a slowdown in many parts of the global economy.
Asian shares ticked higher as investors cheered upbeat U.S. growth data, while the Dollar held near four-week highs against the yen as markets awaited the outcome of the Bank of Japan's monetary policy meeting.
The BOJ is widely expected to maintain its massive asset buying programme and its upbeat forecast that inflation will hit its 2 percent target next year, suggesting no further stimulus is on the horizon.
China's government is now weighing new rules to tame this less-regulated, riskier type of lending, while trying to ensure that more money from the shadow banking system is invested in the real economy rather than speculative activities.
The United States and Euro area each account for roughly one-third of global shadow banking, followed by Great Britain with a 12 percent share and Japan's 5 percent.
There is a speculation in the market that Moddy will upgrade its rating for India, which will strengthen the inflows.
World Financial Leaders Seek to Boost Global Recovery
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