The partially convertible rupee was trading at 79. Federal Reserve meetings outcome later this week limited gains. You can now write for and be a part of the community. Dollar to Rupee Forecast, USD to INR foreign exchange rate prediction, buy and sell signals. MUMBAI, July 25 (Reuters) - The Indian rupee strengthened to its highest level in more than a week on Monday afternoon tracking broad losses in the dollar, but weaker local shares and losses in other Asian peers ahead of the U.S. The rupee has been reported to reach fresh record lows practically every other day in recent months, and traders believe this trend will continue.

However, it is expected that theВ rupee might fall to 82 to the dollar by September this year, according to strategists at Nomura holdings Inc.

View and compare live exchange rates, Explore historical currency exchange chart specific to each provider and USD TO INR popular currency conversion. Despite the decline in oil prices, several banks were already charging 80 rupees for every dollar in the exchange rate, the State Bank of India said.ДЄlso read | Indian rupee set to depreciate further, to breach 80 per US dollar US Dollar to Rupee exchange rates comparison among top providers like Instarem, SingX, Xoom, HDFC, SBI, SC Remit, ICICI money2india, Ria and Transferwise. At the same time, there have been growing concerns that the central bank's efforts to tame surging inflation may lead to recession, which would reduce future fuel demand. As the West sanctions in Russia, the supplies have disrupted trade flows to refiners and have been a thorn on the side of the oil markets. However, Tuesday saw a decline in oil prices as the dollar fueled purchasing demand.

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