Indian Rupee continues to appreciate on inflows increase

Note: This section contains information in English only.
Source: Bloomberg
The Indian Rupee was higher by 0.1% to 54.7250 per U.S. Dollar in early Mumbai trading session on Monday. The Indian currency extended its 0.6% positive performance in last week, which was the biggest gain since November. The main reason for a such Rupee's appreciation is a capital inflow, as overseas investors purchase various classes of assets. According to exchange data, global funds have already poured 26 billion of the U.S. Dollar into the domestic market since the end of 2011.
Back to articles

Actual Topics

Mon, 14 Jan 2013 09:18:03 GMT

Palladium falls on profit-taking

Precious metals except for platinum finished the week on the negative note after the data showed higher-than-expected inflation in China last month. Chinese CPI rose to an annual rate of 2.5% versus a forecast of 2.3%. Inflationary pressure weighed on expectations for stimulus from the POBC. Gold sank as accelerating inflation in China created notable pressure. However, the yellow metal

Mon, 14 Jan 2013 07:09:04 GMT

Australian Dollar depreciates against New Zealand, but both increase versus U.S. Dollar

The Australian Dollar lost 0.3% against the New Zealand Dollar to 1.2564 in the end of Sydney trading session on Monday. The Aussie slipped against the New Zealand counterpart, as the amount of home loans unexpectedly decreased, increasing speculation, that the larger South Pacific country's central bank will reduce borrowing costs further. The Aussie was higher by 0.2 to $1.0560

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.