what does this indicate to you ?

kms_vizag

Newbie
[OP]
Regulars
May 3, 2010
47
0
request your views on this kind of exchange rate movement, causes for the same & where do you think it is headed ?-----------------------------------------------------------------------------------------------------Title: India / U.S. Foreign Exchange RateSeries ID: EXINUSSource: Board of Governors of the Federal Reserve SystemRelease: G.5 Foreign Exchange RatesSeasonal Adjustment: Not ApplicableFrequency: MonthlyUnits: Indian Rupees to One U.S. DollarDate Range: 1973-01-01 to 2012-01-01Last Updated: 2012-02-01 9:16 AM CSTNotes: Averages of daily figures. Noon buying rates in New York City for cable transfers payable in foreign currencies.DATE VALUE1973-01-01 8.00411973-02-01 7.75381973-03-01 7.54651973-04-01 7.54621973-05-01 7.49271973-06-01 7.27191973-07-01 7.35101973-08-01 7.56431973-09-01 7.70001973-10-01 7.72711973-11-01 7.83401973-12-01 8.11001974-01-01 8.43771974-02-01 8.24441974-03-01 8.05671974-04-01 7.86551974-05-01 7.78551974-06-01 7.84901974-07-01 7.83451974-08-01 7.98411974-09-01 8.12101974-10-01 8.05051974-11-01 8.06441974-12-01 8.09521975-01-01 8.13001975-02-01 7.97171975-03-01 7.75001975-04-01 7.88411975-05-01 8.07001975-06-01 8.19141975-07-01 8.48951975-08-01 8.78951975-09-01 8.86481975-10-01 8.89451975-11-01 8.89941975-12-01 8.98271976-01-01 8.94711976-02-01 8.93891976-03-01 8.96481976-04-01 8.99181976-05-01 9.02651976-06-01 9.11091976-07-01 8.92331976-08-01 8.97551976-09-01 9.06141976-10-01 8.89601976-11-01 8.96581976-12-01 8.85351977-01-01 8.90521977-02-01 8.86261977-03-01 8.84171977-04-01 8.84291977-05-01 8.83381977-06-01 8.86051977-07-01 8.81631977-08-01 8.72131977-09-01 8.73001977-10-01 8.61501977-11-01 8.64051977-12-01 8.53711978-01-01 8.20101978-02-01 8.10941978-03-01 8.20781978-04-01 8.46501978-05-01 8.58271978-06-01 8.40411978-07-01 8.16651978-08-01 8.01391978-09-01 8.03651978-10-01 7.91101978-11-01 8.03351978-12-01 8.21601979-01-01 8.20911979-02-01 8.25001979-03-01 8.24181979-04-01 8.20621979-05-01 8.28911979-06-01 8.11901979-07-01 7.90671979-08-01 8.01131979-09-01 8.13581979-10-01 8.22591979-11-01 8.19261979-12-01 8.09951980-01-01 7.98821980-02-01 7.98161980-03-01 8.15191980-04-01 8.07001980-05-01 7.85861980-06-01 7.84241980-07-01 7.76641980-08-01 7.78241980-09-01 7.74951980-10-01 7.73231980-11-01 7.77121980-12-01 7.93141981-01-01 7.95761981-02-01 8.22111981-03-01 8.24321981-04-01 8.29181981-05-01 8.40451981-06-01 8.55641981-07-01 8.90651981-08-01 9.06051981-09-01 9.11521981-10-01 9.13481981-11-01 9.13501981-12-01 9.13051982-01-01 9.15251982-02-01 9.21441982-03-01 9.29351982-04-01 9.39231982-05-01 9.29651982-06-01 9.46681982-07-01 9.56331982-08-01 9.57411982-09-01 9.64951982-10-01 9.70051982-11-01 9.79681982-12-01 9.69261983-01-01 9.79381983-02-01 9.91841983-03-01 9.96521983-04-01 9.98241983-05-01 9.98951983-06-01 10.04911983-07-01 10.08751983-08-01 10.18741983-09-01 10.20051983-10-01 10.22901983-11-01 10.37841983-12-01 10.48951984-01-01 10.71521984-02-01 10.74371984-03-01 10.71451984-04-01 10.82001984-05-01 11.01681984-06-01 11.06381984-07-01 11.37141984-08-01 11.55611984-09-01 11.85841984-10-01 12.02681984-11-01 12.07841984-12-01 12.29251985-01-01 12.61191985-02-01 12.92171985-03-01 12.86141985-04-01 12.40051985-05-01 12.50051985-06-01 12.44051985-07-01 12.03141985-08-01 11.89771985-09-01 12.12551985-10-01 12.03321985-11-01 12.10111985-12-01 12.15241986-01-01 12.24331986-02-01 12.37001986-03-01 12.28901986-04-01 12.39321986-05-01 12.46571986-06-01 12.59861986-07-01 12.50771986-08-01 12.56671986-09-01 12.67571986-10-01 12.84861986-11-01 13.07611986-12-01 13.14861987-01-01 13.02951987-02-01 13.06211987-03-01 12.92361987-04-01 12.81451987-05-01 12.66601987-06-01 12.83681987-07-01 13.01261987-08-01 13.08521987-09-01 12.99331987-10-01 13.04291987-11-01 12.97211987-12-01 12.93451988-01-01 13.03951988-02-01 13.06501988-03-01 12.97911988-04-01 13.15761988-05-01 13.31571988-06-01 13.78591988-07-01 14.07951988-08-01 14.21701988-09-01 14.48951988-10-01 14.72001988-11-01 14.96601988-12-01 15.01901989-01-01 15.09251989-02-01 15.24051989-03-01 15.46741989-04-01 15.71801989-05-01 16.10181989-06-01 16.41951989-07-01 16.41601989-08-01 16.60911989-09-01 16.74501989-10-01 16.81901989-11-01 16.92481989-12-01 16.93201990-01-01 16.96331990-02-01 16.98951990-03-01 17.11641990-04-01 17.29431990-05-01 17.32451990-06-01 17.42101990-07-01 17.41191990-08-01 17.34651990-09-01 17.85951990-10-01 18.07361990-11-01 18.09751990-12-01 18.12721991-01-01 18.33901991-02-01 18.86001991-03-01 19.24291991-04-01 19.90641991-05-01 20.51861991-06-01 21.06201991-07-01 25.61271991-08-01 25.84571991-09-01 25.83351991-10-01 25.79731991-11-01 25.80211991-12-01 25.81801992-01-01 25.86291992-02-01 25.99211992-03-01 28.37771992-04-01 28.89621992-05-01 28.54151992-06-01 28.51861992-07-01 28.56391992-08-01 28.46351992-09-01 28.47571992-10-01 28.47671992-11-01 28.47371992-12-01 28.97861993-01-01 29.04321993-02-01 30.04211993-03-01 31.93911993-04-01 31.60951993-05-01 31.61251993-06-01 31.66821993-07-01 31.60001993-08-01 31.61231993-09-01 31.57761993-10-01 31.50501993-11-01 31.43351993-12-01 31.44001994-01-01 31.44001994-02-01 31.44891994-03-01 31.41471994-04-01 31.39141994-05-01 31.37541994-06-01 31.38451994-07-01 31.37641994-08-01 31.37271994-09-01 31.37231994-10-01 31.37261994-11-01 31.39401994-12-01 31.38941995-01-01 31.37361995-02-01 31.37951995-03-01 31.58651995-04-01 31.40731995-05-01 31.41791995-06-01 31.40371995-07-01 31.38531995-08-01 31.59231995-09-01 33.30981995-10-01 34.65641995-11-01 34.71001995-12-01 34.96631996-01-01 35.81171996-02-01 36.59451996-03-01 34.48521996-04-01 34.31951996-05-01 35.02501996-06-01 35.09951996-07-01 35.66731996-08-01 35.80001996-09-01 35.87001996-10-01 35.80361996-11-01 35.83921996-12-01 35.88151997-01-01 35.90371997-02-01 35.89051997-03-01 35.88481997-04-01 35.82811997-05-01 35.82481997-06-01 35.82021997-07-01 35.74741997-08-01 36.00851997-09-01 36.47561997-10-01 36.30201997-11-01 37.28891997-12-01 39.40001998-01-01 39.39101998-02-01 39.00791998-03-01 39.56861998-04-01 39.70291998-05-01 40.46871998-06-01 42.36681998-07-01 42.61181998-08-01 42.84291998-09-01 42.57901998-10-01 42.39431998-11-01 42.42841998-12-01 42.59091999-01-01 42.54531999-02-01 42.53161999-03-01 42.51611999-04-01 42.79681999-05-01 42.85901999-06-01 43.21271999-07-01 43.35671999-08-01 43.50321999-09-01 43.59811999-10-01 43.55281999-11-01 43.45801999-12-01 43.52392000-01-01 43.58952000-02-01 43.65402000-03-01 43.63832000-04-01 43.68472000-05-01 44.07592000-06-01 44.76052000-07-01 44.84052000-08-01 45.76872000-09-01 45.96802000-10-01 46.42522000-11-01 46.82142000-12-01 46.78452001-01-01 46.61382001-02-01 46.56162001-03-01 46.65322001-04-01 46.78862001-05-01 46.94732001-06-01 47.04242001-07-01 47.17812001-08-01 47.16652001-09-01 47.75112001-10-01 48.05142001-11-01 48.04302001-12-01 47.93452002-01-01 48.35332002-02-01 48.71682002-03-01 48.76672002-04-01 48.93862002-05-01 49.01682002-06-01 48.98402002-07-01 48.78772002-08-01 48.61502002-09-01 48.46252002-10-01 48.38822002-11-01 48.28532002-12-01 48.14952003-01-01 47.95712003-02-01 47.74742003-03-01 47.67672003-04-01 47.39092003-05-01 47.11002003-06-01 46.69952003-07-01 46.22002003-08-01 45.95572003-09-01 45.84672003-10-01 45.40362003-11-01 45.55442003-12-01 45.57412004-01-01 45.45602004-02-01 45.27262004-03-01 44.96932004-04-01 43.89182004-05-01 45.17552004-06-01 45.50272004-07-01 46.05572004-08-01 46.32202004-09-01 46.05482004-10-01 45.73552004-11-01 45.03252004-12-01 43.84702005-01-01 43.61502005-02-01 43.57582005-03-01 43.58612005-04-01 43.64192005-05-01 43.40952005-06-01 43.52452005-07-01 43.43402005-08-01 43.55002005-09-01 43.84622005-10-01 44.75752005-11-01 45.63152005-12-01 45.56332006-01-01 44.20102006-02-01 44.23002006-03-01 44.33782006-04-01 44.82452006-05-01 45.19592006-06-01 45.88862006-07-01 46.36752006-08-01 46.44612006-09-01 46.01052006-10-01 45.35522006-11-01 44.72572006-12-01 44.48352007-01-01 44.20622007-02-01 44.01952007-03-01 43.79362007-04-01 42.01762007-05-01 40.56862007-06-01 40.59052007-07-01 40.27382007-08-01 40.67912007-09-01 40.17352007-10-01 39.36612007-11-01 39.32672007-12-01 39.37502008-01-01 39.26762008-02-01 39.67352008-03-01 40.14522008-04-01 39.96682008-05-01 42.00192008-06-01 42.76332008-07-01 42.70272008-08-01 42.90572008-09-01 45.53002008-10-01 48.61552008-11-01 48.85172008-12-01 48.51322009-01-01 48.69952009-02-01 49.24842009-03-01 51.12912009-04-01 49.96552009-05-01 48.51002009-06-01 47.67362009-07-01 48.36242009-08-01 48.24262009-09-01 48.29242009-10-01 46.65242009-11-01 46.53052009-12-01 46.52732010-01-01 45.89442010-02-01 46.27322010-03-01 45.45092010-04-01 44.44402010-05-01 45.76902010-06-01 46.49832010-07-01 46.76172010-08-01 46.46052010-09-01 45.87292010-10-01 44.35402010-11-01 44.93152010-12-01 45.10002011-01-01 45.37502011-02-01 45.37952011-03-01 44.91432011-04-01 44.30102011-05-01 44.90242011-06-01 44.81092011-07-01 44.39602011-08-01 45.31352011-09-01 47.69052011-10-01 49.20202011-11-01 50.67852011-12-01 52.38242012-01-01 51.0015-----------------------------------------------------------------------------
 

Toocool

Addicts
Apr 2, 2007
5,125
66
in a conspiracy thinking, the rupee is being devalued as a devalued currency creates a grip of the elite and bankers on the nation and benefits some point in time in future.on the other hand technically ,enough is enough devaluation has been far stretched and a 10-15 years of sideways or appreciation move is now expected.
 

kms_vizag

Newbie
[OP]
Regulars
May 3, 2010
47
0
over the past 4 years or so, there has been massive printing of "$" paper currency, of late, even "euro" paper currency printing is underway. correspondingly there is no such thing in "rupees" yet rupee weakens day by day..... that too with substantial "$" money into india. aren't we giving value to what is otherwise a piece of "newly printed" waste paper ? the amount of gold imports / per capita/family gold holdings in india is the highest in the world (indian public collectively hold gold which even the central banks of these strong currencies don't hold).