Is there a correlation between USDINR and Tech stocks? [Update]

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Back in May 2015, we looked at correlations between USDINR and the NIFTY IT index and found that there is no direct relationship between currency moves and subsequent IT index performance in weekly and monthly time-frames. Here are the updated correlation charts.

Weekly

IT.USDINR.correlation.weekly

Monthly

IT.USDINR.correlation.monthly

Code is on github.

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