U s dollar rate in india today live

Real-Time Tracking of Indian Rupee Exchange Rate Tracking the real-time exchange rate of the Indian Rupee to the Dollar and Euro, and closely monitoring the currency's performance on a chart, is crucial for making informed financial decisions. In this article, we will explore the significance and reasons for real-time tracking of the Indian Rupee exchange rate. 1. International Trade and Investments The Indian Rupee exchange rate has a significant impact on international trade and investments. Businesses engaged in importing or exporting goods and services are affected by fluctuations in the Rupee's value. Real-time exchange rate information enables businesses to adjust their pricing strategies, manage risks, and make timely decisions regarding international trade and investments. It helps them stay competitive in the global market and optimize their financial outcomes. 2. Overseas Travel and Remittances For individuals traveling abroad or sending remittances, tracking the Indian Rupee exchange rate is crucial. Travelers need to exchange their currency for the local currency of the destination country. Fluctuations in the exchange rate can significantly impact the cost of travel and purchasing power. Similarly, individuals sending remittances need to consider the exchange rate to ensure that the intended amount reaches the recipient as expected. Real-time tracking allows travelers and individuals sending remittances to make informed decisions and optimize their financial t...

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Reuters INDIA RUPEE-Indian rupee halts 4 days of gains on wider May trade deficit, Fed outlook The Indian rupee halted a four-day winning streak against the U.S. dollar on Thursday, as domestic trade deficit widened to a five-month high and the U.S. Federal Reserve signalled more rate hikes. India's merchandise trade deficit widened to $22.12 billion in May from $15.24 billion in April, according to a Reuters calculation based on data released by the government on Thursday. The rupee also came under pressure due to a hawkish Fed, which expectedly left its policy rate unchanged at 5.00%-5.25% but flagged more rate hikes this year to bring down inflation. Reuters INDIA RUPEE-Rupee edges down as Fed commentary boosts dollar broadly The Indian rupee edged lower on Thursday as broad strength in the dollar following the U.S. Federal Reserve hinting at further rate hikes this year hurt emerging market currencies. The Federal Reserve on Wednesday signalled in new projections that borrowing costs may need to rise by as much as half of a percentage point by the end of this year. Most of the Asian currencies were down 0.12-0.4%.