FOREX REPORT 19-11-2012

• Indian rupee opened the session lower against the dollar and continued to trade weak throughout the session following the strength in
the dollar index.
• Domestic equity markets lost the momentum late in the session and posted healthy losses of close to a percent as Sensex fell by 162
points and ended the session at 18309.37.

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FOREX REPORT 9-11-2012

• USDINR pair traded highly volatile in the last session to close in green at 54.60, higher by around half a percent
• Dollar surged sharply against basket of currencies after the Europe published its economic growth forecast, triggering a strong risk
aversion rally across the world

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FOREX REPORT 8-11-2012

Rupee strengthened against the dollar as dollar lost against basket of major currencies in the last session. The dollar was sold-off aggressively as soon as the news of an Obama win came in, with markets pricing in an extended term from the president that has brought the US debt to GDP to uncharted territories by enjoying at the helm of the Fed ultra-dovish Federal Reserve Chairman Ben Bernanke and his quest for QE to infinity Hundreds of thousands of Greek workers walked off the job in a two-day national strike to protest against government austerity measures.

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FOREX REPORT - 7-11-2012

• Rupee strengthened against the dollar after weakness in dollar was seen against basket of currencies
• Rupee weakened yesterday on dollar demand by state run metals importing company and also demands by gold
importers. Gold importers demand will continue for the time being
• On Tuesday the US heads to the polls to vote for the next President of the USA. The latest polls data put President Obama

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FOREX REPORT - 06-11-2012

Rupee depreciated sharply against the dollar as dollar strengthened sharply against basket of currencies on risk aversion before crucial
events on global economic calendar
• Domestic equity markets traded in a range bound fashion. Sensex closed at 18762.87, higher by around 17 points
• India's economic growth could slow to as little as 5.5 percent this fiscal year, Finance Minister P. Chidambaram told Reuters, signaling

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FOREX REPORT - 5-11-2012

• USDINR pair recuperated some of its losses in the last session and managed to close in green.
• Domestic equity markets opened higher and closed around a percent higher. Sensex closed at 18738.11, higher by around 176 points

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FOREX REPORT - 2-11-2012

USDINR pair traded sideways and closed slightly lower in the last session
• Domestic equity markets recovered from lower levels to close in green. Sensex closed at 18561.70, higher by around 56
points
• Eurozone finance ministers said there's no guarantee Greece will be given its next round of aid in a couple weeks

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forex report 1-11-2012

USDINR pair failed to breach previous day’s high and slipped sharply to close lower by almost half a percent in last session
• Eurozone finance ministers will hold a video conference, with talks to be centered around the next aid disbursement for Greece,

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