{"id":114283,"date":"2023-04-19T11:49:44","date_gmt":"2023-04-19T10:49:44","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114283"},"modified":"2023-04-20T09:59:44","modified_gmt":"2023-04-20T08:59:44","slug":"usd-inr-rupee-falls-further-against-the-rising-usd","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/usd-inr-rupee-falls-further-against-the-rising-usd\/","title":{"rendered":"USD\/INR: Rupee falls further against the rising USD"},"content":{"rendered":"<ul>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/inr-indian-rupee-live-exchange-rate\/\">Indian Rupee<\/a> (INR) falls for a fourth day<\/strong><\/li>\n<li><strong>India\u2019s population to overtake China\u2019s<\/strong><\/li>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-us-dollar-live-exchange-rate\/\">US Dollar<\/a> (USD) rises after hawkish Fed comments<\/strong><\/li>\n<li><strong>Fed speakers in focus again today<\/strong><\/li>\n<\/ul>\n<p>The US Dollar Indian Rupee (USD\/INR) exchange rate is rising for a fourth straight day. The pair rose 0.12% in the previous session, settling at 82.08. At 10:00 UTC, USD\/INR trades +0.05% at 82.12 and trades in a range of 82.07 to 82.14.<\/p>\n<p>The Rupee is edging lower against a stronger USD, in line with its Asian peers and as domestic equities slipped lower. The Sensex trades -0.4% at the time of writing, amid further weakness in technology stocks.<\/p>\n<p>Elsewhere the UN has said that India is on its way to becoming the world\u2019s most populous nation, overtaking China with more than 3 million people by the middle of this year.<\/p>\n<p>This report comes as Apple opened its first shop in India as it looks for its next generation of iPhone users and plans to expand in the country rapidly.<\/p>\n<p>The US Dollar is rising across the board. The US Dollar Index, which measures the greenback versus a basket of major currencies, trades +0.13% at the time of writing at 101.92, recovering some of yesterday\u2019s losses.<\/p>\n<p>The US dollar is rising as investors become increasingly certain that the Federal Reserve will hike rates again in the May meeting. Atlanta Federal Reserve president Raphael Bostic said on Tuesday that the central bank will likely have one more rate hike before pausing the hiking cycle. He said that US economy still has much momentum and is performing quite strongly, highlighting that inflation still remains too high.<\/p>\n<p>One more rate hike of 25 basis points will take the Fed\u2019s overnight interest rate to 5.25%. The market is pricing in an almost 90% probability of this 25 basis point rate hike taking place.<\/p>\n<p>There is no high-impacting U.S. economic data due to be released today. Instead, investors will be focusing on more fed speakers for further clues over the central bank\u2019s next move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Rupee (INR) falls for a fourth day India\u2019s population to overtake China\u2019s US Dollar (USD) rises after hawkish Fed comments Fed speakers in focus again today The US Dollar Indian Rupee (USD\/INR) exchange rate is rising for a fourth straight day. The pair rose 0.12% in the previous session, settling at 82.08. At 10:00 [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":47178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1693,1381],"tags":[1666,1398,1862],"class_list":["post-114283","post","type-post","status-publish","format-standard","has-post-thumbnail","category-inr","category-usd","tag-inr","tag-usd","tag-usd-inr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/INR: Rupee falls further against the rising USD - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/usd-inr-rupee-falls-further-against-the-rising-usd\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/usd-inr-rupee-falls-further-against-the-rising-usd\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/usd-inr-rupee-falls-further-against-the-rising-usd\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"USD\\\/INR: Rupee falls further against the rising USD\",\"datePublished\":\"2023-04-19T10:49:44+00:00\",\"dateModified\":\"2023-04-20T08:59:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/usd-inr-rupee-falls-further-against-the-rising-usd\\\/\"},\"wordCount\":340,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/usd-inr-rupee-falls-further-against-the-rising-usd\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/indian-rupee-us-dollar.jpg\",\"keywords\":[\"inr\",\"usd\",\"usd\\\/inr\"],\"articleSection\":[\"INR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/usd-inr-rupee-falls-further-against-the-rising-usd\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/usd-inr-rupee-falls-further-against-the-rising-usd\\\/\",\"name\":\"USD\\\/INR: Rupee falls further against the rising USD - 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