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The market is currently pricing in near 60% probability that the Fed will raise rates by 75 basis points for the third consecutive time next month. The exchange rate of the United States Dollar in relation to the Indian Rupee on the chart, the. July inflation data, in a bid to push back against expectations that it could cut rates later next year. The cost of 1 United States Dollar in Indian Rupees today is 79.82 according to the Open Exchange Rates, compared to yesterday, the exchange rate decreased by -0.07 (by -0.06). Meanwhile, Fed officials have kept a fairly hawkish tone following the softer-than-forecast U.S. In addition, a failure by the Federal Reserve to pivot to a dovish stance and reinstate its objective to contain inflation, would reverse some of the recent momentum in equity portfolio inflows, he pointed out. 'We believe the global growth slowdown story could act as a headwind to positive equity inflow momentum,' Kundu flagged. The return of foreign portfolio flows to equity has kept the rupee pegged to the near-80 level. The rupee has been hovering just above the 80 levels in recent sessions on the back of expectations that the RBI will sell dollars to prevent the currency from falling below its record low of 80.0650.

dollar on Friday, barely changed from the previous session. Latest Currency Exchange Rates: 1 US Dollar 79.9036 Indian Rupee Currency Converter Exchange Rate History For Converting Dollars (USD) to Rupees (INR). Set rate alerts for INR to USD and learn more about Indian Rupees and US Dollars from XE - the Currency Authority. This is the US Dollar (USD) to Indian Rupee (INR) exchange rate history summary page, detailing 180 days of USD INR historical data from Saturday to Tuesday.

DOLLAR IN RUPEE FOR FREE

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Dollar in rupee