Performance of Indian rupee against dollar has improved significantly in the year 2009-2010. The rupee has shown tremendous strength against the US$ as the rupee US$ exchange rate appreciated to Rs. 46.64 per dollar on January 1, 2010, which was Rs. 50.95 per dollar in end-March 2009. Overall the rupee has appreciated by 9.2 per cent over its March 31, 2009 level, according to Economic Survey 2009-10. The main reasons behind the appreciation of rupee against dollar is significant change in FII inflows, continued inflows under FDI and NRI deposits, better economic performance of the Indian economy and weakening of the US$ in international markets which has facilitated the appreciation of rupee.
