US Dollar to Indian Rupee (USD/INR) Exchange Rate Resilience Forecast, GBP/INR Trending Lower
A lack of economic data for India and month-end demand for Dollars among importers was keeping the Rupee fairly static against its US rival for much of the local session ... and could climb notably higher if today’s US data matches or exceeds estimates.
Pound to Rupee Exchange Rate Today - GBP INR Softer Against Rallying Indian Currency
Currency News UK: The Pound to Rupee exchange rate (GBP/INR ... it appears to be topping out. Long Pound-Dollar positions have gone from being a contrarian view in the summer of last year to being pretty much a consensus. A lot of good news about the ...
IT stocks gain as much as 4 per cent on weak rupee
MUMBAI: IT stocks, led by Infosys, today gained as much as 4 per cent amid weakness in the rupee against the dollar as the stronger US currency boosts the sales of software firms in rupee terms. Shares of Infosys rose by 3.66 per cent, while Wipro stock ...
How the mighty dollar weakens the rupee
... takes the ‘value’ from the rupee away and transfers it to the US dollar (think petro-dollar). The rupee becomes like gold on the Treasure Island – not much left to be bought with. A pretty sad thought that the very country that grows the best ...
How rupee-dollar rates are determined
Ever wondered why the rupee quotes at 53.2 or 50 and not at Rs 20 or Rs 80 to a dollar? It’s not much different from how the prices of your mangoes are determined, for example. Whether currency movements or prices of mangoes, the most important factor ...