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US$INR (May) is expected to trade in a range of 77.45-77.90. As on 17 Wed Aug 2022 Current price of US Dollar / Indian Rupee USDINR is 79.35950 and trend of stock is towards upside and stock can be bought for price targets of 79.38, 79.41, 87.35, 87. Moreover, persistent FII outflows will hurt the rupee. Top price targets Weekly price targets Monthly price targets Yearly price targets Intraday price targets. USD Rupee Euro UK Australia Japanese Singapore. Market sentiments were hurt as supply disruption due to Covid-19 lockdown and war between Russia and Ukraine have heightened fears about how growth will hold up around the globe and on top of this major central banks are ending easy money era. Reference rate of Cross currency pairs is computed by using Reference rate - FBIL for USD-INR and the corresponding exchange rate published by RBI for. Moneycontrol - An appreciating US Dollar has given most global currencies a beating. USD Rupee Euro UK Australia Japanese Singapore Renmibi Taiwan.
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The US dollar advanced amid risk aversion in global markets and hawkish statements from Fed officials. We expect USD-INR range to shift towards 74-77 in 2HFY22 as markets begin to grapple with the widening current account deficit (from an estimated marginal surplus in 1QFY22), volatile capital. Trade ideas, forecasts and market news are at your disposal as.
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