Vol.3, Issue 9, March, 18 2010
PRICE INDEX | CURRENCY TRACKER | STOCK PRICES | JOBS | FAIRS & EVENTS | TRADE OFFERS | FEEDBACK FORM
CURRENCY TRACKER

Rupee closes up against dollar

Indian rupee appreciated 13.37 per cent against US dollar and the rupee-dollar pair closed at 45.46 on March 13, 2010. On comparing from the previous week figure, it appreciated by 0.29%.

Among the major supplier countries under review, South Korean won saw an appreciation of 24.18 per cent followed by Turkish New Lira (11.72%), Sri Lankan Rupee (0.38%) and Chinese Yuan (0.20%) on annual basis. Vietnamese Dong, Bangladeshi Taka, Hong Kong Dollar and Pakistani rupee saw a depreciation of 11.57%, 0.37%, 1.62% and 0.04% respectively.

Trends in  US Dollar
Country 13-Mar-09 6-Mar-10 13-Mar-10 %age change
13 March'10/ 13 March'09
India 52.47 45.59 45.46 -13.37
Bangladesh 66.97 67.84 68.06 1.62
Pakistan 80.01 84.26 83.95 4.93
China 6.83 6.82 6.82 -0.20
S.Korea 1487.43 1139.34 1127.78 -24.18
H.Kong 7.75 7.76 7.76 0.04
Vietnam 17023.30 18945.20 18993.70 11.57
Sri Lanka 114.28 114.07 113.85 -0.38
Turkey 1.73 1.54 1.53 -11.72
Source: OANDA

Trends in Euro

On 13 March, 2010, Indian rupee and Euro pair closed at 62.48 with an appreciation of 7.07 per cent against Euro over the same day of previous year. During the week Indian rupee saw a depreciation of 0.82 per cent from Rs 61.97 to Rs 62.48.

Only South Korean Won and Turkish New Lira saw an appreciation of 18.67 per cent and 5.30 per cent from the same day of previous year.

Other countries which saw depreciation on annual basis were Vietnamese Dong (19.69%), Pakistani rupee (12.56%), Sri Lankan rupee (6.87%), Hong Kong Dollar (7.33%), Chinese Yuan (7.06%) and Bangladesh Taka (9.01%) on point to point basis.

Trends in  Euro
Country 13-Mar-09 6-Mar-10 13-Mar-10 %age change
13 March'10/ 13 March'09
India 67.23 61.97 62.48 -7.07
Bangladesh 85.81 92.22 93.53 9.01
Pakistan 102.51 114.53 115.38 12.56
China 8.75 9.27 9.37 7.06
S.Korea 1905.71 1548.77 1550.00 -18.67
H.Kong 9.93 10.55 10.66 7.33
Vietnam 21810.40 25753.30 26104.60 19.69
Sri Lanka 146.42 155.06 156.48 6.87
Turkey 2.22 2.10 2.10 -5.30
Source: OANDA

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.

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