WEEKLY FOREX REPORT 15TH APRIL 2013
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HEADLINES
Rupee flat; lower retail inflation spurs rate cut hopes The rupee ended flat on Friday as a slump in local stocks after a weak revenue guidance from IT bellwether Infosys, was evened out by hopes the Reserve Bank of India (RBI) would cut interest rates next month after data showed slowing consumer [Link] rupee gained a modest 0.5 per cent for the week, which has been marked by concerns about outflows after foreign investors sold a net $37.29 million in equities in April and a net $510.57 million of
RBI REFERENCE RATE
As on 12TH APRIL 2013
debt, according to the latest available regulatory data. Forex reserves at $293.84 bn as on April 5: RBI The foreign exchange reserves rose by USD 1.196 billion to touch USD 293.84 billion during the week ended
UNDERLYING
USDINR EURINR GBPINR JPYINR
RATE
54.4425 71.3310 83.7761 54.7700
April 5 on the back of increase in core currency assets, the Reserve Bank said [Link] total reserves stood at USD 292.647 billion in the previous reporting [Link] currency assets, a major component of the forex reserves, were up by USD 1.787 billion to USD 261.513 billion for the week ended April 5, Reserve Bank's weekly statistical supplement said today.
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PRODUCT NAME
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE CHANGE
CHANA
Symbol CHILLI
7/19/2012
DAILY MARKET STATISTICS (As on22NDMARCH 2013)
4556 4573 4525 4560 4532 -28 5060 Open5018
High5120 Low 5018 Close -102
-0.61
Series/Expiry 5060Unit 7/19/2012
Prev. Close -1.99
EUR-INR GUR
26-Apr-2013 7/19/2012
1 EUR 1188 71.5075 1188 1178 71.6700 1183.571.3225 1178 71.4175 -5.5
71.5475 -0.46
JEERA EUR-INR KAPAS
7/19/2012 14650 72.0800 15052.5 14800 71.8150 -252.5 29-May-2013 14955 71.7475 1 EUR 1496071.9300 7/19/2012 7/19/2012 7/19/2012
26-Apr-2013
-1.68 71.9800 -0.76 0.11 -0.2
54.9525
GBP-INR
26-Apr-2013
1044
1 GBP
1053
83.9000
1035
84.1150
1049
83.8375
1041
84.0075
-8
83.6200
PEPPER
GBP-INR
29-May-2013
42300 780.5
1 GBP
42555 783.6 4330 4676 1282
84.4000
42250 777.4
84.5500
42390
84.3000
42435 781.3 4315
84.4375
45
84.0775
REF SOYA
JPY-INR
782.85
55.3825
-1.55
55.1750
100 JPY
54.8325
54.8325
SOY BEAN
JPY-INR
7/19/2012
29-May-2013
4309
100 JPY
4265.5
55.2500
4303
55.7275
12
55.5400
0.28
55.2950
55.2150
TURMERIC
USD-INR
7/19/2012
26-Apr-2013
4600
1 USD
4518
54.5200
4664
54.7650
4540
54.4800
-124
54.6950
-2.66
54.6525
WHEAT
USD-INR
7/19/2012
29-May-2013
1251
1 USD
1251
54.8200
1246
55.0750
1282
54.8150
36
55.0000
2.89
54.9950
USD-INR
26-Jun-2013
1 USD
55.1700
55.3700
55.1200
55.2900
55.2750
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WEEKLY USD/INR CHART
ANALYSIS
OPEN: 54.7800 HIGH: 54.7900 LOW: 54.3400 CLOSE: 54.5300
USD/INR LOOKS SIDEWAYS TREND: BULLISH STRATEGY: BUY ON DIPS
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WEEKLY EUR/INR CHART
ANALYSIS
OPEN: 71.1700 HIGH: 71.5500 LOW: 70.8100 CLOSE: 71.2000
EUR/INR LOOKS SIDEWAYS TREND: BULLISH STRATEGY: BUY ON DIPS
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FOREX FORTHCOMING EVENTS
DAY TUESDAY TUESDAY TUESDAY TUESDAY THURSDAY THURSDAY TIME 7:15pm 2:00pm 5:45pm 6:00pm 8:30am 10:00am CURRENCY GBP EUR USD USD USD USD DETAILS CPI y/y German ZEW Economic Building Permits Core CPI m/m Unemployment Claims Philly Fed Manufacturing Index ACTUAL FORECAST 2.8% 0.4% 0.94M 0.2% 347K 3.1 PREVIOUS 2.8% -1.5% 0.94M 0.2% 346K 2.0
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