Does Rupee.us have the answer to us dollar - indian rupee forex currency exchange rates?
We are studying the exchange rates between the indian rupee and the us dollar, as well as gold in terms of each currency
Answer:
The question is not clear. In the last few months Indian Rupee has appreciated against the US Dollar. This has taken place despite India's adverse balance of trade with the US and a higher rate of inflation in India. India however has raised interest rates significantly to control inflation. The reasons is that demand for Indian Rupees from foreign investors buying Indian Rupees in exchange for US dollars has been rising and strong.But this is a normal phenomenon. When foreign investors perceive better prospects for investing in a country and rush into invest they raise the demand for the local currency relative to the foreighn currency. This may also be accentuated by speculative buying of local currency. But it is not clear what special lesson can the US learn from this or find an answer to any exchange rate problem.
Any study of exchange rate movements relating US dollars and Indian Rupees is welcome. But the explanatory variable have to be carefully selected.
this site will give u answer base on elliot wave theory..
Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we'll straight away post the signals here in real-time if there's any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That's why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..
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Answer:
The question is not clear. In the last few months Indian Rupee has appreciated against the US Dollar. This has taken place despite India's adverse balance of trade with the US and a higher rate of inflation in India. India however has raised interest rates significantly to control inflation. The reasons is that demand for Indian Rupees from foreign investors buying Indian Rupees in exchange for US dollars has been rising and strong.But this is a normal phenomenon. When foreign investors perceive better prospects for investing in a country and rush into invest they raise the demand for the local currency relative to the foreighn currency. This may also be accentuated by speculative buying of local currency. But it is not clear what special lesson can the US learn from this or find an answer to any exchange rate problem.
Any study of exchange rate movements relating US dollars and Indian Rupees is welcome. But the explanatory variable have to be carefully selected.
this site will give u answer base on elliot wave theory..
Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we'll straight away post the signals here in real-time if there's any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That's why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..
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