As an Indian investor, one would be well advised to dollarise their investments as even rupee is expected to decline further this year,” Chanda said. Find all latest cross currency rates/prices, currency trading and detailed information on currency converters, news, dollar/rupee and more at Moneycontrol. 1.00 US Dollar 366.28 568 Sri Lankan Rupees 1 LKR 0.00273011 USD We use the mid-market rate for our Converter. It also reinforces the importance of the dollar as the safest currency during times of uncertainty. "Hence investors are selling Euros and buying dollars. The impending threat of Russia cutting off gas supplies in winter coupled with the slow intervention by the ECB to control inflation means that the recession in the EU looks imminent, he said.
"Currencies such as the British pound, the Japanese yen and the Euro have weakened more than the Indian rupee against the US dollar and therefore, the Indian rupee has strengthened against these currencies in 2022," the Finance Minister said.Īsheesh Chanda, Founder & CEO, Kristal.AI, said global investors are choosing the safety of US markets over the recession risks of the EU.
The domestic currency hit a low of 80.0175 in early trade compared with the previous close of 79.9775. We utilize mid-market currency rates to convert USD against INR currency pair.
#Dollar to rupee today free#
The rupee on Tuesday dropped to the psychologically important mark of 80 against the US dollar, taking its year-to-date fall to about 7 per cent. XE’s free live currency conversion chart for US Dollar to Indian Rupee allows you to pair exchange rate history for up to 10 years. How much is 1,000,000.00 the one million us dollars is worth 82,148,616.00 (INR) today or eighty-two million one hundred forty-eight thousand six hundred sixteen indian rupees as of 15:00PM UTC.
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