Transfer US dollars to Indian rupees from the worlds leading money transfer companies. Meanwhile, India's February trade data likely to be released later in the day would be closely watched. 1 USD 82.54 INR - US Dollars to Indian Rupees Exchange USD to INR USD to INR - Today's Best Exchange Rate for US Dollars to Indian Rupees Get real-time exchange rates on USD to INR money transfers. A few economists, including those at Goldman Sachs, had called for a pause in the wake of the SVB crisis.įollowing the data, futures priced in a near-80% chance of a 25 basis-point rate hike. The data increased the odds of a small-sized interest rate hike by the U.S. In the 12 months through February, the CPI increased 6.0%, compared with 6.4% in January. consumer price index (CPI) rose 0.4% month-on-month in February after accelerating 0.5% in January. inflation data, which was in line with expectations. The concerns over the demise of Silicon Valley Bank (SVB) eased, with the Wall Street rallying overnight to snap a three-day losing run. "A breakout above 82.50 amid speculative buying can drive the USD/INR pair towards 83.00 levels," said Amit Pabari, managing director at CR Forex Advisors, adding that their overall bias remained for an upwards move. There was also fixing-related dollar demand in the market, a trader said. The currency gave up initial gains as state-run banks were seen buying dollars, likely on behalf of oil marketing companies and importers, two traders said, adding they were closely watching the 82.50 level. IST after opening at 82.31, compared with 82.49 in the previous session. The rupee traded at 82.45 per dollar by 10:50 a.m. currency on Wednesday, tracking recovery in wider Asian markets, but gave up opening gains on importer-led dollar buying. You’ll pay up to $30 for overnight delivery.MUMBAI, March 15 (Reuters) - The Indian rupee edged higher against the U.S. For example, while CXI doesn’t charge an exchange fee, it does charge a large fee for shipping. Make sure to research any providers by reading online reviews and to make note of the fees they charge. Be aware, however, that not all online currency websites are created equal.
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