| Trends in Dollar
Indian rupee appreciated by 6 per cent against US Dollar from the same week of the previous year and the rupee-dollar pair closed at 44.4 on June 6th , 2011. From the previous week it appreciated by 1.6 per cent.
Among the major supplier countries under the review in table below South Korea Won saw the highest appreciation of 10.5 per cent followed by Indian rupee (6 per cent), Chinese Yuan (5 per cent), Sri Lanka rupee (3.5 per cent), Turkish Lira (1.3 per cent), Pakistan rupee (0.3 per cent) and Hong Kong dollar (0.2 per cent). Depreciation of currencies against dollar was led by Vietnamese Dong, followed by Bangladesh Taka which are depreciated by 7.6 per and 4.6 per cent respectively.
Trends in Euro
On June 6th, 2011 Indian rupee closed at 64.9 with a depreciation of 15 per cent against euro on the same day of the previous year. During the previous week Indian rupee saw depreciation of 0.2 per cent from Rs. 64.8 to Rs. 64.9
All the other countries mentioned in the table below have experienced depreciation against Euro from 1th, June 2010 to 1st, June 2011. Depreciation of currencies against euro was led by Vietnamese Dong (31.6 per cent), followed by Bangladesh Taka (28 per cent), Pakistan rupee (22 per cent), Hong Kong dollar (20.9 per cent), Turkish Lira (20.6 per cent), Sri Lanka rupee (18 pre cent), Chinese Yuan (16.1 per cent), Indian rupee (15 per cent), South Korean won (9.4 per cent).
Appreciation/Depreciation of Currencies against USD & Euro
The following chart shows the appreciation/depreciation of major currencies against USD and Euro from June, 1st, 2010 to June 6th, 2011.
The weekly charts depicts the weekly scenario of US dollar and euro against the Indian rupee.