![]() ![]() It had first slipped past the 76-mark in March 2020 on account of global restrictions imposed to stop the COVID-19 spread and heightened demand for the safe haven greenback. The rupee breached the 76-to-a-dollar mark on December 16, an 18-month low. dollar exchange rate between January 2010 and December 2021. But the rupee’s fall is modest when compared to the currencies of other emerging economies. Oct 20, 2022, 16:17 UTC - Oct 20, 2022, 16:17 UTC INR/USD close: 0 low: 0 high: 0. It hovered in a range of 79.38 to 79.60 during the session. At the interbank foreign exchange market, the domestic currency opened at 79.58 per dollar. ![]() Foreign portfolio investments (FPI) also plunged for the third consecutive month, thus weakening the rupee further. The rupee declined by 30 paise to close at 79.47 (provisional) against the US dollar on Wednesday as higher-than-expected US CPI print resulted in risk-off sentiment among investors. It finally ended at 82.37 against the US dollar, down 7 paise from its previous close of 82.30. Standard Chartered Plc has also extended its long dollar/rupee trade. It witnessed an intra-day high of 82.02 and a low of 82.37 against the American currency during the session. Citi expects the rupee to push to 85 to a dollar, while Barclays says that the risk of a short-term overshoot to 84-85 is high. How much is 14.00 the fourteen indian rupees is worth 0.170 (USD) today or Zero us dollars 17 cents as of 11:00AM UTC. India’s trade gap widened to a record high of $22.9 billion on account of rise in imports. Ive hardly slept in the last six months: Byjus CEO even as the company posts losses know what burnout is and how to deal with it. Indian Rupee vs US Dollar Today: At the interbank forex market, the local unit opened at 82.21 against the greenback. 14 INR to USD Indian Rupees to US Dollars. However, this time its fall was driven by widening trade deficit and foreign investors pulling out funds from equities. It had fallen beyond 76 in March 2020 when COVID-19 cases surged and economies came to a grinding halt. Slid past the 76-per-U.S.-dollar-mark for the first time since June 2020 and stood at 76.25. On December 16, the Indian rupee’s exchange rate ![]()
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