Similarly, the broader NSE Nifty rose 139.50 points or 0.80% to 17,661.95.įoreign institutional investors (FIIs) remained net buyers in the capital markets, as they purchased shares worth Rs 369.06 crore on Thursday, according to provisional data. In the equity markets, the 30-share BSE Sensex was trading 471.65 points or 0.80% up at 59,246.37.
"Higher oil prices and a weak start in the Asian and emerging market peers could keep appreciating bias capped," Sriram Iyer, Senior Research Analyst at Reliance Securities said, adding that markets could remain range bound ahead of the monthly August futures expiry as well. The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.05% to 108.51.īrent crude futures, the global oil benchmark, advanced 0.83% to $100.16 per barrel.įorex traders said, the rupee is expected to witness range-bound trade this Friday, as investors await Federal Reserve Chairman Jerome Powell's speech for further clues about the pace of the U.S. It does seem that the INR to USD is often reaching new lows as time goes on. According to experts, it is believed that the 1 dollar in rupees today will continue to stay within the 77-80 range. In the previous session, the rupee declined by 6 paise to close at 79.92 against the American currency. The reason the dollar price in India is continuing to rise against the rupee is due to a number of factors, including inflation and rising crude oil prices. The INR to USD forecast at the end of the month 1.21, change for November -1.6. USD to INR FORECAST for tomorrow, this week and month. Indian Rupee to Dollar forecast for November 2022.
More details on current USD to INR below. dollar in opening trade on Friday, driven by foreign fund inflows and a firm trend in domestic equities.Īt the interbank foreign exchange, the domestic unit opened at 79.87 against the dollar and inched higher to touch 79.86, registering a gain of 6 paise over its previous close. Current USD to INR exchange rate equals 79.8180Rupees per 1 US Dollar. The rupee settled at 79.98 on Monday, registering a fall of 15 paise over its previous close. The rupee appreciated 6 paise to 79.86 against the U.S. Indian rupee has hit the dreaded 80-mark and settled at 80.05 against US dollar in early trade on Tuesday.
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