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* USDINR closed 105 paise lower at 74.47 yesterday

* FBIL set the reference rate for USDINR at 73.5047 and Euro at 86.099

* RBI keeps rates unchanged, unveils gsec acquisition program, rupee falls

* Australia labour party calss for review of RBA's monetory

* Economic data and ECB minutes puts Euro in focus today

OUTLOOK - USDINR

Rupee opened 10 paise down at 73.52, from its previous close against the US dollar and it finally closed a net 105 paise lower at 74.47 yesterday. USDINR had gained as far as the intraday high of 73.52 and fell to an intraday low of 74.50. The dollar index which compares the strength of the dollar against 6 major currencies fell by 0.06% and closed at 92.28. Brent crude futures rose 0.53% to trade at $63.07/barrel. USDINR near futures are at 74.5850 with the next support seen at 73.7850 and next resistance seen at 75.0825 ahead of market opening today.

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