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ThePrint holds no responsibility for its content. Convert Indian Rupees to American Dollars with a conversion calculator, or Rupees to Dollars conversion tables. This report is auto-generated from PTI news service. Currency traders will await domestic IIP and CPI data on Friday for further cues, he noted. Indian financial markets are shut on Tuesday for Muharram. However, aiding the rupee was weaker crude oil prices, which have been struggling for the past few sessions on demand worries, Iyer added. Most EM and Asian peers were mixed this Monday afternoon as investors awaited further cues from inflation data from the US,” said Sriram Iyer – Senior Research Analyst at Reliance Securities. “The Indian Rupee depreciated against the dollar on Monday after robust US jobs data reinforced speculation that the Fed will continue its aggressive monetary policy stance to curb inflation. The pair is having resistance around 80 while on the downside at 78.85 will act as support, he added. Spot USD-INR is expected to trade higher in the coming days and could head towards an all-time high. “However, the direction remained down for the rupee even after stronger domestic equities and lower crude oil prices, mainly because of high dollar demand,” said Dilip Parmar, Research Analyst, HDFC Securities. After the past few days’ high volatility, it has been lacklustre trade ahead of Tuesday’s holiday. It also shows the history chart of this currency pairs, by choosing.
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It shows the exchange rate of the two currencies conversion. “The rupee started the new week on the weaker side after impressive US July jobs figures on Friday augured well for the dollar. Indian Rupee(INR) To United States Dollar(USD) This is the page of Indian Rupee (INR) to United States Dollar (USD) conversion, below you can find the latest exchange rate between them and is updated every 1 minutes. On the domestic equity market front, the BSE Sensex ended 465.14 points or 0.80 per cent higher at 58,853.07, while the broader NSE Nifty advanced 127.60 points or 0.73 per cent to 17,525.10.įoreign institutional investors remained net buyers in the capital market on Monday as they purchased shares worth Rs 1,449.70 crore, as per exchange data. Brent crude futures, the global oil benchmark, declined 0.54 per cent to USD 94.38 per barrel.