Indian Rupee News, Guides, Forecasts & Provider Reviews. Stay on top of Indian Rupee exchange rates, charts and rate changes in the major INR cross currency pairs. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.
During periods of rising inflation a stronger currency benefits a country's economics as this makes imports cheaper.
'Fortress New Zealand' opening after two long pandemic years - Aussies welcomed back first on April 12th and other nationalities on 1st of May.
Property debt crisis in China, central bank bond policy and the energy crisis are combining for a volatile October - it is ever thus!
Fears Chinese mega developer Evergrande’s collapse will spark a contagion event and the ongoing European gas crisis has hit confidence.
The FX markets turns risk-off after less new jobs were added in the US last month than expected.
Volatility returned to the currency markets last week with the Australian and New Zealand Dollar falling the hardest against the Greenback (both down 1W -3.0%).
Speculation abounds on whether the RBNZ will be the first to hike rates, this helped the NZD to rise to 1 year highs versus the Aussie dollar.
Last week’s big event was the strong US Non-Farms Payrolls report for July.
The British Pound GBP was a mover and shaker last week, hitting HIGHS against both the USD (30-DAY), EUR (90-DAY) and other major FX.
The way out from the UK’s experiment of lifting most lockdown measures is far from certain.
Currency markets move when both the Reserve Bank of New Zealand and the Bank of Canada shift on their bond buying plans and interest rate outlooks.
The growth outlook for the Australian economic became pessimistic when more lockdowns were announced due to rising COVID-19 cases in Sydney.
US Non-Farm Payrolls report was a mixed result - the Unemployment Rate moved higher but Wages slipped.
Fed Officials mixed opinions following last week’s hawkish bent reduces markets perception of sooner rate rises.
In May the US dollar has regained some of the ground it lost last month when it had its longest stretch without gains against a basket of peers in nine months.
Softening US Treasury yields surprised the markets last week, shifting tailwinds away from the US dollar towards risk-on currencies.
Instarem provides fast, safe and cost effective cross border money transfer services for Individuals and businesses from Australia, Hong Kong, India, Malaysia and Singapore to more than 25 countries.
The RBA left interest rates on hold at 1.5 percent on Tuesday, spurring big gains for the Australian dollar, which had slipped beforehand to long-term lows against several major currencies. Roughly half of economists had expected rates to be cut by 25 basis points.
Seasonal weakness, election uncertainty, strong technical support and oil market complications should be more than sufficient to spur an AUD/INR rally into mid-year.
Cryptocurrencies and the blockchain technologies that support them are at the forefront of remittance-industry innovations, but these are under attack in India, where a complete crypto ban will be proposed in May.
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