Exchange Rate & Types Factors Influencing Exchange Rate Foreign Exchange Currency Appreciation & Depreciation of Currency Top 5 Currencies Indian Rupee vs Global Currency- Analysis Conclusion
Exchange Rate is the price for foreign money. It is defined as the price paid in the home currency for a unit of foreign currency. 2 Quotes: Indirect Quote-1 unit of foreign currency to a number of units of domestic currency. 1 Rs=$ 0.02 Direct Quote- A certain number of units of foreign currency to 1 unit of domestic currency. 1$=55 Rs
Impact of Inflation & Deflation Trends in the balance of trade Government Budget Changes in Interest rate Economic Growth Speculation Creditor vs Debtor Nations Stock Market Operations Demand & Supply for Foreign Exchange
Theexchange of one currency for another, or the conversion of one currency into another currency.
Appreciation- An increase in the value of the domestic currency with respect to the foreign currency. Importers gain from Appreciation of Domestic currency & loose when it depreciates. Depreciation- A decrease in the value of the domestic currency with respect to the foreign currency. Exporters loose from appreciation and gain from depreciation.
India Rupee per U.S. Dollar Currency Exchange Forecast Indian Rupee per One United States Dollar. Average of Month. Forecast 50% 80%Month Date Correct +/- Correct +/- Value 0 Jul 2012 55.42 0.0 0.0 1 Aug 2012 55.7 0.4 0.9 2 Sep 2012 55.9 0.5 1.2 3 Oct 2012 54.1 0.6 1.3 4 Nov 2012 52.4 0.7 1.5 5 Dec 2012 52.7 0.7 1.6 6 Jan 2013 53.3 0.8 1.7
International Business Envt- P. Subba RaoInternational Economics-D. M. MithaniB. Economics-Dr. Deepali KarmaliInternational Business- K. Aswathappahttp://www.forecasts.org/exchange-rate/india-rupee- exchangerate.htmhttp://www.rbi.org.in/scripts/PublicationsView.aspx?id=13795http://www.investopedia.com/terms/e/exchangerate.asphttp://www.federalreserve.gov/releases/h10/current/