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How has the rupee impacted the INR to USD forecast?

Since 2008 the dollar dived in value by 2.27% in its sudden 48 hours decline. This in turn made the rupee gain fiercely in strength. It provided a positive impact on the INR to USD forecast. The newly gained rupee strength can be short-lived based on long-term forecasts. The current inflation rate for the 12 months ending November is 7.1%.

What is the exchange rate for USD in rupees?

Dollar to Rupee forecast by day. Dollar to Rupee forecast on Tuesday, June, 11: exchange rate 83.45 Rupees, maximum 84.70, minimum 82.20. USD to INR forecast on Wednesday, June, 12: exchange rate 83.44 Rupees, maximum 84.69, minimum 82.19.

Is rupee a correction in long-term dollar strength against the dollar?

The dollar plunged 2.27% in value in its steepest 48-hour decline since 2008. In turn, the rupee gained dramatically in strength against the dollar, providing a positive INR to USD forecast. However, this rupee gain may only be temporary. Some longer-term forecasts regard it as a correction in long-term dollar strength against the rupee.

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