5/6/2023 0 Comments Dollar 2 rupee![]() ![]() Some amounts at current USD to INR exchange rate:Ģ USD = 163.58 INR. USD to INR forecast on Tuesday, May, 16: exchange rate 80.75 Rupees, maximum 81.96, minimum 79.54. In 4 weeks Dollar to Rupee forecast on Monday, May, 15: exchange rate 81.03 Rupees, maximum 82.25, minimum 79.81. ![]() USD to INR forecast on Friday, May, 12: exchange rate 81.11 Rupees, maximum 82.33, minimum 79.89. Dollar to Rupee forecast on Thursday, May, 11: exchange rate 81.11 Rupees, maximum 82.33, minimum 79.89. USD to INR forecast on Wednesday, May, 10: exchange rate 80.96 Rupees, maximum 82.17, minimum 79.75. Dollar to Rupee forecast on Tuesday, May, 9: exchange rate 81.12 Rupees, maximum 82.34, minimum 79.90. ![]() In 3 weeks USD to INR forecast on Monday, May, 8: exchange rate 81.39 Rupees, maximum 82.61, minimum 80.17. Dollar to Rupee forecast on Friday, May, 5: exchange rate 81.29 Rupees, maximum 82.51, minimum 80.07. USD to INR forecast on Thursday, May, 4: exchange rate 81.44 Rupees, maximum 82.66, minimum 80.22. Dollar to Rupee forecast on Wednesday, May, 3: exchange rate 81.46 Rupees, maximum 82.68, minimum 80.24. USD to INR forecast on Tuesday, May, 2: exchange rate 81.44 Rupees, maximum 82.66, minimum 80.22. In 2 weeks Dollar to Rupee forecast on Monday, May, 1: exchange rate 81.54 Rupees, maximum 82.76, minimum 80.32. USD to INR forecast on Friday, April, 28: exchange rate 81.46 Rupees, maximum 82.68, minimum 80.24. Dollar to Rupee forecast on Thursday, April, 27: exchange rate 81.44 Rupees, maximum 82.66, minimum 80.22. USD to INR forecast on Wednesday, April, 26: exchange rate 81.53 Rupees, maximum 82.75, minimum 80.31. Dollar to Rupee forecast on Tuesday, April, 25: exchange rate 81.67 Rupees, maximum 82.90, minimum 80.44. In 1 week USD to INR forecast on Monday, April, 24: exchange rate 81.79 Rupees, maximum 83.02, minimum 80.56. Dollar to Rupee forecast on Friday, April, 21: exchange rate 81.75 Rupees, maximum 82.98, minimum 80.52. USD to INR forecast on Thursday, April, 20: exchange rate 81.65 Rupees, maximum 82.87, minimum 80.43. Dollar to Rupee forecast on Wednesday, April, 19: exchange rate 81.59 Rupees, maximum 82.81, minimum 80.37. USD to INR forecast on Tuesday, April, 18: exchange rate 81.69 Rupees, maximum 82.92, minimum 80.46. We expect a broad range of 82.00 and 83.00 for the rest of the week.Dollar to Rupee forecast on Monday, April, 17: exchange rate 81.97 Rupees, maximum 83.20, minimum 80.74. The next major trigger remains the Fed meeting tomorrow night. The local unit closed at 82.6550 per dollar against the previous print of 82.6350 per dollar.Īnindya Banerjee, VP - Of currency Derivatives & Interest Rate Derivatives at Kotak Securities said, "USD INR spot closed 2 paise higher at 82.66. However, the weakening of the rupee was limited. On Tuesday, the rupee depreciated against the US dollar on the back of a steady greenback, a spike in crude oil prices, and stubborn foreign funds outflow despite positive domestic equities. The total reserves were at an all-time high of $645 billion in October 2021. It performed in the range of 80.88 to 82.94 during this month.Ĭurrently, India's forex reserves have hit a three months low at $560 billion in the week that ended on March 10, 2023. In January this year, the rupee depreciated by around 1% against the US dollar. In the preceding month, the net forward purchase stood at $10.968 billion. This is compared to the outstanding net forward purchase of $49.877 billion in January 2022. Meanwhile, the outstanding net forward purchase at the end of the month stood at $21.729 billion. In December 2022, RBI made a purchase of $3.842 billion in the spot market. ![]()
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