![]() Analyze historical currency charts or live Indian rupee / US dollar rates and get free rate alerts directly to your email. Binance USD (BUSD) is on a upward monthly trajectory as it has. ** NSDL data shows foreign investors sold a net $43.2mln worth of Indian bonds on May. Convert 1 INR to USD with the Wise Currency Converter. The Indian rupee has come under intense selling pressure in recent weeks due to a perfect storm of global headwinds which analysts say will continue to pummel the currency in the months ahead. BUSD to INR rate today is 82.90 and has increased 0.1 from 82.85 since yesterday. The cash-tom rate was at 0.1 points, indicating the dollar shortage and a global dollar shortage is expected due to the US debt ceiling talks. ** As per NSDL data, foreign investors bought a net $228.5mln worth of Indian shares on May. The rupees gains for the year have been wiped out due to an acute dollar shortage, caused by uncertainties surrounding the US debt ceiling and concerns over further rate increases. ** SGX Nifty nearest-month futures down 0.2% at 18,286 ** Brent crude futures little changed at $74.9 per barrel ** USD/INR May forward premium at 3.75 paise Indian Rupee Exchange Rates Table Converter Top 10 13:47 UTC. ** USD/INR NSE May futures settled on Tuesday at 82.2475 ** One-month non-deliverable rupee forward at 82.38 onshore one-month forward premium at 10.5 paise Meanwhile, Cleveland Fed President Loretta Mester said rates were not yet at a point where the central bank could hold steady, given stubborn inflation. equities dropped and the dollar inched up against its major peers.įed officials continued to push back against rate cuts that investors have priced in for later this year.Ĭhicago Fed President Austan Goolsbee said it was "far too premature to be talking about rate cuts". yields rose overnight with the two-year reaching 4.12% at one point. "Strong retail sales, manufacturing data, and labour demand will make it difficult to achieve inflation targets indicating the Federal Reserve may have more work to come," ANZ said in a note to clients. Industrial production rose 0.5% on-month in April, with manufacturing output up 1.0%. retail sales rose 0.4% month-on-month in April, with control retail sales up by a robust 0.7%. economic data boosted demand for the dollar. USD/INR - The US Dollar (USD) against the Indian Rupee (INR) is emerging as a popular currency pair out of the exotic pairs group. Enter your receiver’s details and ICICI bank. Choose how you want to pay for the money transfer. View the dollar to rupee exchange rate (USD to INR), then enter the amount you wish to send. Click ‘Send now’ to begin your money transfer to India. The offshore yuan, bogged down by the resurgent dollar, dropped below 7 to the dollar for the first time this year. Simply follow these steps: Log in or register and verify a free Western Union® profile. Monday's high (on USD/INR) of nearly 82.40 should provide "good" resistance followed by the 82.50 level, he said. Currency converter to convert from Indian Rupee (INR) to United States Dollar (USD) including the latest exchange rates, a chart showing the exchange rate history for the last 120-days and information about the currencies. The currency on Tuesday managed to halt a three-day losing run.įollowing the slight relief, the rupee will be back under pressure, a spot trader said. dollar, compared with 82.2050 in the previous session. Exchange Indian rupee to US Dollar and US Dollar to Indian rupee 1 INR, 0.01 USD, 1 USD 5 INR, 0.06 USD, 5 USD 10 INR, 0.12 USD, 10 USD 20 INR, 0.24 USD, 20. Non-deliverable forwards indicate that the rupee will open at around 82.28-82.30 to the U.S. During last 30 days average exchange rate of United States Dollar in Indian Rupees was 81.99648 INR for 1 USD.The highest price of US Dollar in Indian Rupee was Fri, when 1 US Dollar 82.7253 Indian Rupee.The lowest change rate in last month between US Dollars and Indian Rupee currencies was on Fri. Get the latest United States Dollar to Indian Rupee (USD / INR) real-time quote, historical performance, charts, and other financial information to help you. The value of 1 USD in Indian Rupee for the last 30 days (05 Apr - May, 04 2023) decreased by: -0.19305 INR (-0.2356%).MUMBAI, May 17 (Reuters) - The Indian rupee is expected to decline on Wednesday after the Chinese yuan dropped to its lowest level this year to the U.S.
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