Entries Categorized as 'Currency'

Chart Of The Day: Dollar Crosses 51

Date November 18, 2011

For the first time after a brief visit in 2008, the dollar-rupee rate has crossed Rs. 51. All these currency movements are nearly vertical, it seems. Tweet

Posted in ChartOfTheDay, Charts, Credit Repair, Currency Comments Comments Off

Chart Of The Day: Dollar-INR Versus 200 DMA, a 10 year history

Date October 28, 2011

Inspired by Kaushik’s post at Niti, I plot the USD INR with it’s 200 day moving average, and the distance in %. Kaushik is right in that the current deviation from the long term trend isn’t as extreme as 2008. Tweet

Posted in ChartOfTheDay, Charts, Credit Repair, Currency, RupeeFutures Comments Comments Off

Rupee Goes Towards 48 to the USD

Date September 13, 2011

The rupee is trading at Rs. 48 to the dollar today, in the futures market. The RBI ref rate was at 47.1, and we are close to 2 year highs. The longer term chart shows that the 48 level was last crossed from below in October 2008, just as the Lehman crisis unfolded (it took [...]

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EURO-INR, JPY-INR, Pound-INR contracts in India

Date January 19, 2010

SEBI has allowed trading of additional currency contracts apart from the currently traded USD-INR contracts. We’ll soon be able to trade the Euro, the Japanese Yen and the UK Pound (see Zip file) with the Indian Rupee. The contract specs are – 100…

Posted in Credit Repair, Currency, Futures Comments Comments Off