See also BSE-200 Index.
Dollex-200 is the Bombay Stock Exchange's BSE-200 Index quoted in U.S. dollars. The BSE introduced Dollex-200 on May 27, 1994. Except for the Dollex indices, all other BSE indices reflect growth in the market value of their constituent stocks in Indian rupees.
With increasing inflows of foreign direct investment (FDI) and as Indian equity markets integrate rapidly with global capital markets, the Dollex indices take into account currency fluctuations to show Indian growth in dollar terms. They are international benchmarks for the Indian market and reflect changes in both stock prices and exchange rates. As a result, they are useful to foreign investors looking to measure the "real returns" of their investments in the Indian market.
Dollex-200 = BSE-200 Index Value (in INR) * Base INR-USD Rate Current INR-USD Rate