Dollar Indian Rupee Exchange Rate

Dollar Indian Rupee Exchange Rate

Forex Foreign Exchange Rates
Forex exchange rate is the value of two different currencies and how they relate to each other. It is used by corporations, tax authorities, auditing firms, and financial institutions and is calculated on the basis of information supplied by leading market data contributors. Forex exchange rate says how much of one currency is needed to buy a unit of another. The exchange rate is essentially a price, which can be analyzed the same way as other ma Read More...
How Does the Exchange Rate Exactly Works
The exchange market mechanism can be pretty confusing for a person who doesn’t have specialised knowledge in this area. The connection between the exchange rate of a currency and its trade deficit may seem like an undecipherable mystery. In order for you to understand the hidden mechanism of the exchange market and the trade deficit, we’ll discuss and explain the American-Canadian Trade and Exchange relationship. The first thing you should know, Read More...
Factors Influencing a Currency Pair Exchange Rate
Introduction The exchange rate refers to the value of the US dollar against the values of currencies of other countries. Such a rate helps determine how much we pay for imported goods and services and how much we receive for what we export, among other things. When the value of the US dollar drops, imports become more expensive, and we tend to reduce the volume of our imports. Simultaneously, other countries will pay LESS for some of our product Read More...

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RELATED NEWS

Rupee falls on dollar buying
MUMBAI (Reuters) - The rupee fell on Friday on increased dollar purchases from companies and on choppy local equities, with traders eyeing the December industrial output data for directional cues on interest rates and growth. Some traders cited local companies' need to refinance some of their external commercial borrowings, especially foreign currency convertible bonds, as the possible trigger ... Read More...
Rupee falls on dollar buying; IIP data eyed
MUMBAI (Reuters) - The rupee fell on Friday on increased dollar purchases from companies and on choppy local equities, with traders eyeing the December industrial output data for directional cues on interest ... Read More...
Rupee climbs to 3-month high of 48.68 against dollar
Mumbai, Feb 3 (IANS) The Indian rupee climbed to a three-month high of 48.68 against the dollar on the back of continued inflows of funds by overseas investors into the Indian markets. Read More...
Indian rupee up for fourth week; dollar inflows aid
MUMBAI: The Indian rupee gained for the fourth straight week aided by positive local shares and robust dollar inflows, while the outlook remained bullish for the local unit. Read More...
Indian Rupee Leads Asian Currency Gains on Surprise Reduction in Reserves
India?s rupee led gains in Asian currencies as the central bank unexpectedly lowered the cash- reserve requirement for lenders for the first time since 2009 and signaled future interest-rate cuts to support growth. Read More...
Rupee Climbs Past 50 a Dollar Before Rate Review: Mumbai Mover
India?s rupee rose past 50 a dollar for the first time since November ahead of an interest-rate review today at which economists forecast the central bank will leave borrowing costs unchanged to support economic growth. Read More...
Rupee Climbs to Two-Month High as RBI Holds Interest Rate: Mumbai Mover
India?s rupee rose past 50 a dollar for the first time since November as the central bank left borrowing costs unchanged today to support economic growth. Read More...
Rupee drops to lowest level in over a week
By Aditya Phatak MUMBAI (Reuters) - The rupee fell to its lowest level in more than a week on Thursday as importers stepped up dollar buying, most likely to pay for oil and defence equipment, and as caution ... Read More...
Rupee up for 4th week; dollar inflows aid
By Shamik Paul MUMBAI (Reuters) - The rupee gained for the fourth straight week aided by positive local shares and robust dollar inflows, while the outlook remained bullish for the local unit. The partially ... Read More...
Rupee up 19 paise vs dollar, hits 13-week high
Paring early losses, the rupee on Wednesday gained 19 paise against the US dollar to close at a 13-week high of 49.27/28 amid FII inflows into Indian equities and continued selling of the American currency by exporters. Read More...