Latest indianrupee currency exchange rates againstvariouscountries today 13 march 2024
latestindianrupeecurrencyexchangeratestoday
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Indian Rupee hit a lifetime low of 83.48 against the US Dollar on November 10, 2023, due to hawkish comments by US Federal Reserve Chair Jerome Powell. Despite the Reserve Bank of India’s absence in the morning, intervention later in the day helped the Rupee close at 83.34. The central bank could have sold around $1 billion to counter losses. The Dollar strengthened as Fed members expressed uncertainty about interest rates, with the dollar index reaching 105.88. Market experts anticipate the Rupee trading in the range of 83.10 to 83.50 per US dollar next week. Stay tuned for updates.
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