Rupee appreciates to 46.53 against USD
On 14th November 2009, Indian rupee and US dollar pair closed at 46.53 with an appreciation of 7.78 per cent on annual basis. From the previous week (Nov 14, 2009), it registered an appreciation of 0.87 per cent.

Among the major supplier countries under review, South Korean won saw an appreciation of 16.63 per cent followed by Turkish New Lira 10.07 per cent on annual basis. Hong Kong dollar, Bangladeshi Taka and Chinese Yuan added a little of 0.01 per cent, 0.46 per cent and 0.05 per cent respectively.

Among the losers Vietnamese Dong, Sri Lankan Rupee, and Pakistani rupee saw a depreciation of 4.32 per cent, 3.91 per cent, and 3.73 per cent respectively.

Trends in Euro

On 14 November 2009, Indian rupee and Euro pair closed at 69.21 with a depreciation of 9.78 per cent against Euro over the same day of previous year while a little appreciation of 0.83 per cent was recorded from the previous week.

The major supplier countries, under review, have recorded a huge depreciation against Euro on annual basis. Among the losers Vietnamese Dong saw the maximum depreciation of 24.18 per cent followed by Sri Lankan Rupee 23.66 per cent, Pakistani Rupee 23.49 per cent and Chinese Yuan 18.98 per cent from the same day of previous year.

Similarly, as compared to the previous week, the same trend as mentioned above has been followed but South Korean Won witnessed a little appreciation of 0.75 per cent from the same day of previous year.

Appreciation/Depreciation of Currencies against USD & EURO

The following chart shows the appreciation/depreciation of major currencies against USD and EURO.

Weekly Trends

The below given chart depicts the weekly scenario of US dollar and Euro against the Indian rupee.