• USD/INR opens at 94.71 against close of 95.0550 in previous session

• USD/INR drop at comes without specific trigger

• USD/Asia mostly higher, foreign equity outflows persist, Brent crude at $105

• Offshore selling is driving the drop in USD/INR, traders say

• Position-cutting by investors holding long dollar positions, they add

• Several large Indian mutual funds issued public notices late on Thursday suspending bulk subscriptions to gold exchange-traded funds

• USD/INR support pegged at 94.70-94.75(Reporting by Nimesh Vora)