MUMBAI: The rupee depreciated 8 paise to close at 82.32 (provisional) against the US dollar on Friday, as a firm American currency and risk-averse sentiment among investors weighed on the local unit. On the domestic equity market front, the 30-share BSE Sensex surged 684.64 points or 1.20 per cent to end at 57,919.97, while the broader NSE Nifty advanced 171.35 points or 1.01 per cent to 17,185.70.įoreign Institutional Investors (FIIs) were net sellers in the capital markets as they offloaded shares worth Rs 1,636.43 crore on Thursday, according to exchange data. Global oil benchmark Brent crude futures fell 0.75 per cent to USD 93.86 per barrel. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.56 per cent to 112.99. The US CPI was reported at 8.2 per cent against expectations of 8.3 per cent, whereas Core CPI was higher at 6.6 per cent.ĮCB officials mentioned that they see the need for fewer rate hikes than expected to calm the inflationary pressure, Somaiya said, adding that "we expect the USD/INR (Spot) to quote in the range of 82.10 and 82.6". Inter bank rates are bit different from Open market rates. You can check Interbank currency exchange rates for 1 USD to PKR or 1 US Dollar to Pakistani Rupees for any dates from history. Step 3: You will eventually reach BookMyForex Website where you can convert Dollar to Rs in Bangalore. You can change US Dollar and Pakistani Rupees currencies and date range as per your requirement. Step 2: Compare the Live Dollar rate and go with the one that offers the best rates. "Rupee weakened a bit against the dollar in the wake of a hotter-than-expected inflation number that was released on Thursday," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services. Here are the simple 3 steps to get the best US Dollar Rates in Bangalore: Step 1: Go to BookMyForex ’s website or search online for Dollar price in Bangalore. On Thursday, the local currency had settled at 82.24 against the US dollar. Spot gold was down 0.6 at 1,641.51 per ounce, as of 0845 GMT, after touching its lowest level since Sept. dollar and Treasury yields rose on bets of more steep interest rate hikes from the Federal Reserve, reducing the non-yielding metals appeal. Verification can add extra time to your transfer on top of the initial estimation.At the interbank foreign exchange market, the local currency opened at 82.26 and finally settled at 82.32 against the American currency, registering a decline of 8 paise over its previous close.ĭuring the day, the local unit witnessed a high of 82.12 and a low of 82.43 against the greenback. Gold prices slipped to a three-week low on Wednesday as the U.S. We call this process verification, and it helps us keep you and your money safe. We might need to verify things like your ID, address, or where you got the money from, when you make a transfer. And things may take a little longer if the country you’re sending to has a national holiday. We can only move your money during normal banking hours. Indian Rupee Risks Reversing as USD/INR Gains on RBI Rate Hold, Bond Purchase News. In this case, the speed of your transfer will depend on the type you choose. Free USD/INR pair information including USDINR Live Rate, News, and Analysis. If you’re sending money from GBP, we offer different types of transfers like Low cost transfers and Fast and easy transfers. You’ll see how long each payment method takes when you set up your transfer. For instance, card payments are normally instant, while bank transfers take longer. The rupee slipped 19 paise to 82.38 against the U.S. Some payment methods are quicker than others. In the previous session on Friday, the rupee had settled at 82.19 against the greenback. And how quick your transfer arrives depends on how quickly your recipient’s bank can process your money, as well as the ways you’re able to pay in the country you’re sending from. Converting your money can take a maximum of 2 working days, but it’s very rare that it takes this long. The countries you’re sending from and to. The reason for this is simple - the more information we have about your transfer, the more accurately we can tell you how long it’ll take. You can see an estimate of how long it’ll take by putting some basic details into our transfer calculator on our homepage.īut when you actually set up your transfer on Wise, your estimate will change. We always move your money as quickly as possible.
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