Dollar vs rupee today

ISLAMABAD - Pakistani rupee on Monday weakened by 69 paisas against the US Dollar (USD) in the interbank trading as it closed at Rs 287.62 against the previous day’s closing of Rs 286.93. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 304.5 and Rs 307 respectively. The price of the Euro went up by Rs1.05 to close at Rs 309.93 against the last day’s closing of Rs 308.88, according to the State Bank of Pakistan (SBP). The Japanese Yen gained some paisas to close at Rs 2.06, whereas an increase of Rs 2.08 was witnessed in the exchange rate of the British Pound, which traded at Rs 362.06 as compared to its last day’s closing of Rs 359.98. The exchange rates of the Emirates Dirham and the Saudi Riyal appreciated by 18 and 19 paisas to close at Rs 78.30 and Rs 76.69 respectively.

US Dollar Exchange Rates Table Top 10 Jun 18, 2023 11:02 UTC US Dollar 1.00 USD inv. 1.00 USD Euro British Pound Indian Rupee Australian Dollar Canadian Dollar Singapore Dollar Swiss Franc Malaysian Ringgit Japanese Yen Chinese Yuan Renminbi Alphabetical order Jun 18, 2023 11:02 UTC US Dollar 1.00 USD inv. 1.00 USD Argentine Peso Australian Dollar Bahraini Dinar Botswana Pula Brazilian Real Bruneian Dollar Bulgarian Lev Canadian Dollar Chilean Peso Chinese Yuan Renminbi Colombian Peso Czech Koruna Danish Krone Euro Hong Kong Dollar Hungarian Forint Icelandic Krona Indian Rupee Indonesian Rupiah Iranian Rial Israeli Shekel Japanese Yen Kazakhstani Tenge South Korean Won Kuwaiti Dinar Libyan Dinar Malaysian Ringgit Mauritian Rupee Mexican Peso Nepalese Rupee New Zealand Dollar Norwegian Krone Omani Rial Pakistani Rupee Philippine Peso Polish Zloty Qatari Riyal Romanian New Leu Russian Ruble Saudi Arabian Riyal Singapore Dollar South African Rand Sri Lankan Rupee Swedish Krona Swiss Franc Taiwan New Dollar Thai Baht Trinidadian Dollar Turkish Lira Emirati Dirham British Pound Venezuelan Bolivar

The Indian rupee breached the psychologically significant exchange rate level of 80 to a US dollar in early trade on Tuesday. It recovered some ground to close at 79.90. Since the war in Ukraine began, and crude oil prices started going up, the rupee has steadily lost value against the dollar. There are growing concerns about how a weaker rupee affects the broader economy and what challenges it presents to policymakers, especially since India is already grappling with high inflation and weak growth. Broadly speaking, when the rupee depreciates, importing goods and service becomes costlier. But if one is trying to export goods and services to other countries, especially to the United States, India’s products become more competitive because depreciation makes these products cheaper for foreign buyers. ExplainSpeaking | How bad is it for the rupee? Chart 1 shows the rupee’s exchange rate against the dollar. The dotted line shows the long-term trend of depreciation. If the rupee depreciates at a rate faster than the long-term average, it goes above the dotted line, and vice versa. In the last couple of years, the rupee has been more resilient than the long-term trend. The current fall has brought about a correction. Rupee’s exchange rate against the dollar Another thing to note is that, at least as of now, the rupee is still more resilient (that is, it has remained relatively strong against the dollar) than it was in some of the previous crises such as the Global Financial Cri...

ISLAMABAD - Pakistani rupee on Monday weakened by 69 paisas against the US Dollar (USD) in the interbank trading as it closed at Rs 287.62 against the previous day’s closing of Rs 286.93. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 304.5 and Rs 307 respectively. The price of the Euro went up by Rs1.05 to close at Rs 309.93 against the last day’s closing of Rs 308.88, according to the State Bank of Pakistan (SBP). The Japanese Yen gained some paisas to close at Rs 2.06, whereas an increase of Rs 2.08 was witnessed in the exchange rate of the British Pound, which traded at Rs 362.06 as compared to its last day’s closing of Rs 359.98. The exchange rates of the Emirates Dirham and the Saudi Riyal appreciated by 18 and 19 paisas to close at Rs 78.30 and Rs 76.69 respectively.

The Indian rupee breached the psychologically significant exchange rate level of 80 to a US dollar in early trade on Tuesday. It recovered some ground to close at 79.90. Since the war in Ukraine began, and crude oil prices started going up, the rupee has steadily lost value against the dollar. There are growing concerns about how a weaker rupee affects the broader economy and what challenges it presents to policymakers, especially since India is already grappling with high inflation and weak growth. Broadly speaking, when the rupee depreciates, importing goods and service becomes costlier. But if one is trying to export goods and services to other countries, especially to the United States, India’s products become more competitive because depreciation makes these products cheaper for foreign buyers. ExplainSpeaking | How bad is it for the rupee? Chart 1 shows the rupee’s exchange rate against the dollar. The dotted line shows the long-term trend of depreciation. If the rupee depreciates at a rate faster than the long-term average, it goes above the dotted line, and vice versa. In the last couple of years, the rupee has been more resilient than the long-term trend. The current fall has brought about a correction. Rupee’s exchange rate against the dollar Another thing to note is that, at least as of now, the rupee is still more resilient (that is, it has remained relatively strong against the dollar) than it was in some of the previous crises such as the Global Financial Cri...

US Dollar Exchange Rates Table Top 10 Jun 18, 2023 14:21 UTC US Dollar 1.00 USD inv. 1.00 USD Euro British Pound Indian Rupee Australian Dollar Canadian Dollar Singapore Dollar Swiss Franc Malaysian Ringgit Japanese Yen Chinese Yuan Renminbi Alphabetical order Jun 18, 2023 14:21 UTC US Dollar 1.00 USD inv. 1.00 USD Argentine Peso Australian Dollar Bahraini Dinar Botswana Pula Brazilian Real Bruneian Dollar Bulgarian Lev Canadian Dollar Chilean Peso Chinese Yuan Renminbi Colombian Peso Czech Koruna Danish Krone Euro Hong Kong Dollar Hungarian Forint Icelandic Krona Indian Rupee Indonesian Rupiah Iranian Rial Israeli Shekel Japanese Yen Kazakhstani Tenge South Korean Won Kuwaiti Dinar Libyan Dinar Malaysian Ringgit Mauritian Rupee Mexican Peso Nepalese Rupee New Zealand Dollar Norwegian Krone Omani Rial Pakistani Rupee Philippine Peso Polish Zloty Qatari Riyal Romanian New Leu Russian Ruble Saudi Arabian Riyal Singapore Dollar South African Rand Sri Lankan Rupee Swedish Krona Swiss Franc Taiwan New Dollar Thai Baht Trinidadian Dollar Turkish Lira Emirati Dirham British Pound Venezuelan Bolivar

US Dollar Exchange Rates Table Top 10 Jun 18, 2023 14:35 UTC US Dollar 1.00 USD inv. 1.00 USD Euro British Pound Indian Rupee Australian Dollar Canadian Dollar Singapore Dollar Swiss Franc Malaysian Ringgit Japanese Yen Chinese Yuan Renminbi Alphabetical order Jun 18, 2023 14:35 UTC US Dollar 1.00 USD inv. 1.00 USD Argentine Peso Australian Dollar Bahraini Dinar Botswana Pula Brazilian Real Bruneian Dollar Bulgarian Lev Canadian Dollar Chilean Peso Chinese Yuan Renminbi Colombian Peso Czech Koruna Danish Krone Euro Hong Kong Dollar Hungarian Forint Icelandic Krona Indian Rupee Indonesian Rupiah Iranian Rial Israeli Shekel Japanese Yen Kazakhstani Tenge South Korean Won Kuwaiti Dinar Libyan Dinar Malaysian Ringgit Mauritian Rupee Mexican Peso Nepalese Rupee New Zealand Dollar Norwegian Krone Omani Rial Pakistani Rupee Philippine Peso Polish Zloty Qatari Riyal Romanian New Leu Russian Ruble Saudi Arabian Riyal Singapore Dollar South African Rand Sri Lankan Rupee Swedish Krona Swiss Franc Taiwan New Dollar Thai Baht Trinidadian Dollar Turkish Lira Emirati Dirham British Pound Venezuelan Bolivar

ISLAMABAD - Pakistani rupee on Monday weakened by 69 paisas against the US Dollar (USD) in the interbank trading as it closed at Rs 287.62 against the previous day’s closing of Rs 286.93. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 304.5 and Rs 307 respectively. The price of the Euro went up by Rs1.05 to close at Rs 309.93 against the last day’s closing of Rs 308.88, according to the State Bank of Pakistan (SBP). The Japanese Yen gained some paisas to close at Rs 2.06, whereas an increase of Rs 2.08 was witnessed in the exchange rate of the British Pound, which traded at Rs 362.06 as compared to its last day’s closing of Rs 359.98. The exchange rates of the Emirates Dirham and the Saudi Riyal appreciated by 18 and 19 paisas to close at Rs 78.30 and Rs 76.69 respectively.

The Indian rupee breached the psychologically significant exchange rate level of 80 to a US dollar in early trade on Tuesday. It recovered some ground to close at 79.90. Since the war in Ukraine began, and crude oil prices started going up, the rupee has steadily lost value against the dollar. There are growing concerns about how a weaker rupee affects the broader economy and what challenges it presents to policymakers, especially since India is already grappling with high inflation and weak growth. Express View | What is the rupee exchange rate? The rupee’s exchange rate vis-à-vis the dollar is essentially the number of rupees one needs to buy $1. This is an important metric to buy not just US goods but also other goods and services (say crude oil) trade in which happens in US dollars. Broadly speaking, when the rupee depreciates, importing goods and service becomes costlier. But if one is trying to export goods and services to other countries, especially to the United States, India’s products become more competitive because depreciation makes these products cheaper for foreign buyers. ExplainSpeaking | How bad is it for the rupee? Chart 1 shows the rupee’s exchange rate against the dollar. The dotted line shows the long-term trend of depreciation. If the rupee depreciates at a rate faster than the long-term average, it goes above the dotted line, and vice versa. In the last couple of years, the rupee has been more resilient than the long-term trend. The current fall has ...

The Indian rupee breached the psychologically significant exchange rate level of 80 to a US dollar in early trade on Tuesday. It recovered some ground to close at 79.90. Since the war in Ukraine began, and crude oil prices started going up, the rupee has steadily lost value against the dollar. There are growing concerns about how a weaker rupee affects the broader economy and what challenges it presents to policymakers, especially since India is already grappling with high inflation and weak growth. Broadly speaking, when the rupee depreciates, importing goods and service becomes costlier. But if one is trying to export goods and services to other countries, especially to the United States, India’s products become more competitive because depreciation makes these products cheaper for foreign buyers. ExplainSpeaking | How bad is it for the rupee? Chart 1 shows the rupee’s exchange rate against the dollar. The dotted line shows the long-term trend of depreciation. If the rupee depreciates at a rate faster than the long-term average, it goes above the dotted line, and vice versa. In the last couple of years, the rupee has been more resilient than the long-term trend. The current fall has brought about a correction. Rupee’s exchange rate against the dollar Another thing to note is that, at least as of now, the rupee is still more resilient (that is, it has remained relatively strong against the dollar) than it was in some of the previous crises such as the Global Financial Cri...