Us dollar to indian rupee

  1. Rupee rises 15 paise to close at 82.10 against US dollar
  2. Convert USD to INR
  3. Indian rupee likely higher, awaits Fed rate decision
  4. INDIA RUPEE


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Rupee rises 15 paise to close at 82.10 against US dollar

At the interbank foreign exchange market, the local unit opened at 82.28 against the US dollar and settled at 82.10 (provisional), up 15 paise over its previous close amid a positive trend in domestic equities. During the day, the domestic unit witnessed an intra-day high of 82.08 and a low of 82.32. On Tuesday, the rupee closed at 82.25 against the US currency. "The Indian rupee rose to a one-month high on reports of corporate inflows and positive domestic equities," said Anuj Choudhary - Research Analyst at Sharekhan by BNP Paribas. Choudhary further added that the weak US dollar also supported the rupee while some recovery in crude oil prices capped sharp gains. The US dollar declined on rising expectations of a pause in rate hikes by the US Federal Reserve. "We expect the rupee to trade with a positive bias on weakness in the dollar and expectations of a no rate hike by the US Federal Reserve. A rise in risk appetite in global markets may also support the rupee. However, a positive tone in crude oil prices may cap a sharp upside. We expect the USD/INR spot to trade between 81.60 to 82.50 in the near term," Choudhary added. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.18 per cent to 103.15. Meanwhile, global oil benchmark Brent crude futures advanced 1.09 per cent to USD 75.10 per barrel. On the domestic equity market front, the 30-share BSE Sensex advanced 85.35 points or 0.14 per cent to end at 63,228.51 points, an...

Convert USD to INR

USD to INR Conversion Table USD [United States Dollar] INR [Indian Rupee] 0.01 United States Dollar 0.81907318 Indian Rupee 0.1 United States Dollar 8.1907318 Indian Rupee 1 United States Dollar 81.907318 Indian Rupee 2 United States Dollar 163.814636 Indian Rupee 3 United States Dollar 245.721954 Indian Rupee 5 United States Dollar 409.53659 Indian Rupee 10 United States Dollar 819.07318 Indian Rupee 20 United States Dollar 1638.14636 Indian Rupee 50 United States Dollar 4095.3659 Indian Rupee 100 United States Dollar 8190.7318 Indian Rupee 1000 United States Dollar 81907.318 Indian Rupee How to Convert USD to INR 1 United States Dollar = 81.907318 Indian Rupee 1 Indian Rupee = 0.0122089213 United States Dollar Example: convert 15 United States Dollar to Indian Rupee: 15 United States Dollar = 15 × 81.907318 Indian Rupee = 1228.60977 Indian Rupee Popular Currency Conversions • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Convert USD to Other Currency Units

Indian rupee likely higher, awaits Fed rate decision

BENGALURU, June 14 (Reuters) - The Indian rupee is expected to open higher on Wednesday after U.S. inflation data reaffirmed views that the Federal Reserve will likely keep interest rates unchanged in June. Non-deliverable forwards indicate the rupee will open at around 82.22-82.24 to the U.S. dollar, compared with 82.3675 in the previous session. The consumer price index (CPI) Data earlier this month offered a The dollar index hovered close to an over three-week low hit on Tuesday, while the two-year U.S. yield dropped slightly in Asia after rising to its highest since March 10. "We think it will be a hawkish pause as the Fed emphasizes that the hiking cycle might not be done. Whether the pause turns into a skip will depend on incoming data," DBS analysts said in a note. The risk sentiment remained robust, with the S&P 500 and Nasdaq reaching their highest closes in 14 months on Tuesday. Meanwhile, the offshore Chinese yuan remained under pressure against the dollar after dropping to a new low since November on Tuesday. KEY INDICATORS: ** One-month non-deliverable rupee forward at 82.35; onshore one-month forward premium at 7.5 paisa ** USD/INR NSE June futures settled on Monday at 82.4150 ** USD/INR June forward premium at 2.8 paisa ** Dollar index down at 103.23 ** Brent crude futures down 0.3% at $74 per barrel ** Ten-year U.S. note yield at 3.81% ** SGX Nifty nearest-month futures up 0.2% at 18,828 ** As per NSDL data, foreign investors sold a net $72.1 mln worth of I...

INDIA RUPEE

By Sethuraman N R BENGALURU, June 14 (Reuters) - The Indian rupee hit a fresh high on Wednesday, but traders were holding off positional moves ahead of the U.S. Federal Reserve rate decision due later in the day. The rupee INR= was trading at 82.2875 to the dollar by 10:57 a.m. IST, after closing at 82.3675 in the previous session. The domestic currency hit its highest since June 2 at 82.2725. The U.S. inflation data on Tuesday reaffirmed views that the Federal Reserve will likely keep interest rates unchanged in June. There is some weakness in the dollar index, but there would not be much action before the Fed's decision even though the USD/INR pair is more "tilted towards left," a forex trader with a private bank said. Post the CPI data, the odds of a Fed rate hike in June have fallen to 8% from 25% on Tuesday. The dollar index =USD hovered close to an over three-week low hit on Tuesday, while the two-year U.S. yield dropped slightly in Asia after rising to its highest since March 10. Most of the Asian currencies were weak, while the risk sentiment was buoyed by expectations of a Fed rate pause. Meanwhile, the USD/INR broke a technical support at 82.30. The pair is eyeing another minor support at 82.25 even though indicators pointed towards weaker momentum, said Dilip Parmar, research analyst at HDFC Securities. The rupee forward premiums declined with the 1-year implied yield down to 1.72%. Reuters, the news and media division of Thomson Reuters, is the world’s largest ...