XE CURRENCY CONVERTER
| 1.00 FKP | = | 83.8329 INR |
| Falkland Island Pound | ↔ | Indian Rupee |
| 1 FKP = 83.8329 INR | 1 INR = 0.0119285 FKP |
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Mid-market rates: 2013-05-24 07:56 UTC
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XE Market Analysis
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North American Edition2013-05-23 10:09 UTC
Markets were frayed in Europe. Very heavy action followed yesterday's comments from Bernanke, the FOMC minutes, overnight data weakness in China and a stock market collapse in Japan. The dollar, which had started the Asian session on the front foot, weakened into the European open amid a sharp liquidation via yen-funded carry trades after the Nikkei 225 closed 7.32% lower. By the time liquidity rose after the London open USD-JPY had dropped from over ... Read More ►
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European Edition2013-05-24 07:29 UTC
Japanese market volatility dampened early interest in Europe. The Nikkei had an extremely whippy session, but ended in positive territory. It was up 3.5% early on and then plunged to sit 3% lower, but rumours of official buying lifted it higher very late on in the session. USD-JPY regained its poise after 101.00 held, but it is looking limited on the topside. EUR, GBP and CHF are relatively stable against the USD with the focus on movement elsewhere. ... Read More ►
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Asian Edition2013-05-23 19:23 UTC
Fallout from Bernanke testimony continued overnight, ultimately sinking equity markets and the dollar in the process. On top of that, China May PMI fell under the 50 mark, which spooked traders as well. U.S. data was better than expected, with jobless claims lower, and new home sales higher. The dollar later moved another leg lower, in concert with Wall Street paring losses. Long USD positions were reportedly thinned out through much of the morning, in ... Read More ►
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