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1 Us Dollar To Indian Rupee Current Rate

Us Dollar To Indian Rupee Exchange Rate

Introduction

As of today, the current exchange rate for 1 US dollar to Indian rupee is 75.29 INR. The value of the US dollar against the Indian rupee fluctuates on a daily basis due to various economic and political factors. This article will explore the current exchange rate and the reasons behind the fluctuations.

Factors Affecting the Exchange Rate

There are several factors that affect the exchange rate of the US dollar against the Indian rupee. One of the main factors is the supply and demand for both currencies. If there is a high demand for US dollars in India, the value of the dollar will increase against the rupee. On the other hand, if there is a high demand for Indian rupees in the US, the value of the rupee will increase against the dollar.

Supply And Demand

Other factors that affect the exchange rate include inflation rates, interest rates, and political stability. Inflation rates in India can cause the value of the rupee to decrease, which can result in a higher exchange rate for the US dollar. Similarly, if interest rates in the US are higher than those in India, investors may prefer to invest in US dollars, which can again lead to a higher exchange rate for the dollar.

Current Exchange Rate

As of today, the exchange rate for 1 US dollar to Indian rupee is 75.29 INR. This means that if you exchange 1 US dollar, you will receive 75.29 Indian rupees in return. This exchange rate is subject to change on a daily basis due to the factors mentioned above.

Indian Rupee

The current exchange rate can be checked on various financial websites or through a currency exchange service. It is important to keep track of the exchange rate if you are planning to travel to India or if you are involved in international trade.

Historical Exchange Rates

The exchange rate for the US dollar against the Indian rupee has fluctuated over the years. In January 2010, the exchange rate was around 46 INR for 1 US dollar. However, in August 2013, the exchange rate reached a peak of 68 INR for 1 US dollar. Since then, the exchange rate has fluctuated between 60-70 INR for 1 US dollar.

Historical Exchange Rates

The historical exchange rates can be checked on various financial websites or through a currency exchange service. It is interesting to see how the exchange rate has changed over the years and the reasons behind these changes.

Conclusion

The exchange rate for 1 US dollar to Indian rupee is currently 75.29 INR. This exchange rate is subject to change on a daily basis due to various economic and political factors. It is important to keep track of the exchange rate if you are planning to travel to India or if you are involved in international trade. By understanding the factors that affect the exchange rate, you can make informed decisions about when to buy or sell a currency.

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