Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 109.07.īrent crude futures, the global oil benchmark, advanced 1.53 per cent to $97.96 per barrel. Here you can convert US Dollar to Pakistan Rupee and also convet your currency in Pakistan Rupee. Set rate alerts for INR to USD and learn more about Indian Rupees and US Dollars from XE - the Currency Authority.
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"We expect the USD/INR(Spot) to trade sideways with a positive bias and quote in the range of 79.40 and 80.05," he added. US Dollar (USD) exchange rates with Pakistan Rupee (PKR). Get the latest 1 Indian Rupee to US Dollar rate for FREE with the original Universal Currency Converter. Somaiya further said the focus will be on the preliminary manufacturing PMI number from the US. Based on our forecasts, a long-term increase is expected, the Forex rate prognosis.
The pound fell sharply as surging energy costs.highlighted the UK cost of living crisis and intensified fears of further economic slowdown," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services. USD/INR rate equal to 79.873 at (todays range: 79.758 - 79.988). "Euro fell below parity as the dollar strengthened across the board. Momentum in the dollar has taken off after hawkish comments from the Federal Open Market Committee (FOMC) meeting minutes. In the previous session, the rupee had closed at 79.88 against the US dollar. It finally ended at 79.88, down 4 paise over its previous close. The rupee depreciated 4 paise to close at 79.88 (provisional) against the US dollar on Tuesday, tracking a strong American currency in the overseas market and rising crude oil prices.Īt the interbank foreign exchange market, the local currency opened at 79.85 and saw an intra-day high of 79.81 and a low of 79.90 against the American currency.
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