Historical Year Data · 2023
India Real Effective Exchange Rate in 2023
India Real Effective Exchange Rate opened 2023 at 96.66 and closed at 100.06, a +3.52% move for the year. The high of 102.30 was reached on October 1, and the low of 96.08 on February 1.
Open
96.66
2023-01
Close
100.06
12 data points
High
102.30
Oct 1
Low
96.08
Feb 1
Full Year Change
+3.52%
2022 Change
-3.98%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 96.66 | 96.66 | 96.66 | 96.66 | +0.00% |
| Feb | 96.08 | 96.08 | 96.08 | 96.08 | +0.00% |
| Mar | 96.96 | 96.96 | 96.96 | 96.96 | +0.00% |
| Apr | 97.00 | 97.00 | 97.00 | 97.00 | +0.00% |
| May | 97.78 | 97.78 | 97.78 | 97.78 | +0.00% |
| Jun | 99.65 | 99.65 | 99.65 | 99.65 | +0.00% |
| Jul | 102.00 | 102.00 | 102.00 | 102.00 | +0.00% |
| Aug | 101.87 | 101.87 | 101.87 | 101.87 | +0.00% |
| Sep | 101.18 | 101.18 | 101.18 | 101.18 | +0.00% |
| Oct | 102.30 | 102.30 | 102.30 | 102.30 | +0.00% |
| Nov | 101.50 | 101.50 | 101.50 | 101.50 | +0.00% |
| Dec | 100.06 | 100.06 | 100.06 | 100.06 | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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