{"id":99636,"date":"2020-04-30T08:25:18","date_gmt":"2020-04-30T12:25:18","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=99636"},"modified":"2020-04-30T11:50:34","modified_gmt":"2020-04-30T15:50:34","slug":"103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/","title":{"rendered":"USD\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting"},"content":{"rendered":"<p>The <a href=\"http:\/\/currencylive.com\/exchange-rate\/inr-indian-rupee-live-exchange-rate\/\">US dollar<\/a> is lower against the Indian rupee on Thursday.<\/p>\n<p>Rising expectations for further monetary easing by the Federal Reserve has pushed down the dollar after yesterday\u2019s FOMC meeting.<\/p>\n<p>A fourth daily rise marks the best performance for the Indian rupee in over a month as investors cheer the outlook for Asia on hopes for a coronavirus treatment.<\/p>\n<p><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-inr-exchange-rate-today\/\">USD\/INR<\/a> was lower by 41 pips (-0.55%) to 75.04 as of 12pm GMT.<\/p>\n<p>Having been at 76 yesterday, the rupee rose rapidly on Thursday to find new support and fresh 4-week low at the 75 handle. The exchange rate had fallen -0.8% yesterday, meaning total weekly losses so far of -1.63%.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/usd-to-inr-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time USD to INR exchange rate<\/span><\/a><\/div>\n<h2>INR: rises for a fourth day running<\/h2>\n<p>For the time being, the rupee is rising alongside stock markets after the results of a phase 1 trial yesterday showed Gilead Science\u2019s drug Remdesivir effectively reduces the symptoms of the coronavirus in the early stages of infection.<\/p>\n<p>The markets are also factoring in the easing of lockdown restrictions in India after neighbours including Bangladesh and Punjab did the same.<\/p>\n<p>The correlation between the rupee and a lower oil price has broken down amid the conusion and high volatility in oil markets but a depressed oil price will offer some additional stimulus to Indians once the lockdown ends.<\/p>\n<h2>USD: drops after dovish Fed meeting<\/h2>\n<p>The takeaway from investors after yesterday\u2019s Fed meeting appears to be that the central bank leaned \u2018dovish\u2019 \u2013 meaning more likely to ease monetary policy than to tighten. The Fed forecasted a recovery in the second half of the year but said it also see the coronavirus pandemic as a risk to the economy over the medium term.<\/p>\n<p>On interest rates, Fed Chair Jerome Powell said the Fed is \u201cin no hurry\u201d to lift rates and will maintain the target range of 0-0.25% on the Fed funds rate until the economy is on track to meet inflation and employment goals.<\/p>\n<p>The Fed remains committed to its open-ended money printing program saying that it will keep buying government bonds with freshly minted dollars \u201cin the amount needed\u201d to support the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar is lower against the Indian rupee on Thursday. Rising expectations for further monetary easing by the Federal Reserve has pushed down the dollar after yesterday\u2019s FOMC meeting. A fourth daily rise marks the best performance for the Indian rupee in over a month as investors cheer the outlook for Asia on hopes [&hellip;]<\/p>\n","protected":false},"author":163946608,"featured_media":5016,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1693,1381],"tags":[1666,1398,1862],"class_list":{"0":"post-99636","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-inr","8":"category-usd","9":"tag-inr","10":"tag-usd","11":"tag-usd-inr"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting - 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\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jasper Lawler\" \/>\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\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/\"},\"author\":{\"name\":\"Jasper Lawler\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\"},\"headline\":\"USD\\\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting\",\"datePublished\":\"2020-04-30T12:25:18+00:00\",\"dateModified\":\"2020-04-30T15:50:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/\"},\"wordCount\":390,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100717-gbp-eur-pound-3-week-high.jpg\",\"keywords\":[\"inr\",\"usd\",\"usd\\\/inr\"],\"articleSection\":[\"INR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/\",\"name\":\"USD\\\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100717-gbp-eur-pound-3-week-high.jpg\",\"datePublished\":\"2020-04-30T12:25:18+00:00\",\"dateModified\":\"2020-04-30T15:50:34+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100717-gbp-eur-pound-3-week-high.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100717-gbp-eur-pound-3-week-high.jpg\",\"width\":1104,\"height\":609,\"caption\":\"forex-graph\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USD\\\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\",\"name\":\"Jasper Lawler\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"caption\":\"Jasper Lawler\"},\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/jasper\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"USD\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/","twitter_misc":{"Written by":"Jasper Lawler","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/"},"author":{"name":"Jasper Lawler","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200"},"headline":"USD\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting","datePublished":"2020-04-30T12:25:18+00:00","dateModified":"2020-04-30T15:50:34+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/"},"wordCount":390,"image":{"@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100717-gbp-eur-pound-3-week-high.jpg","keywords":["inr","usd","usd\/inr"],"articleSection":["INR","USD"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/","url":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/","name":"USD\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100717-gbp-eur-pound-3-week-high.jpg","datePublished":"2020-04-30T12:25:18+00:00","dateModified":"2020-04-30T15:50:34+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100717-gbp-eur-pound-3-week-high.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100717-gbp-eur-pound-3-week-high.jpg","width":1104,"height":609,"caption":"forex-graph"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/103204-usd-inr-rupee-reaches-1-month-high-vs-dollar-after-fed-meeting\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"USD\/INR: Rupee Reaches 1-Month High vs. Dollar after Fed Meeting"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200","name":"Jasper Lawler","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","caption":"Jasper Lawler"},"url":"https:\/\/currencylive.com\/news\/author\/jasper\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100717-gbp-eur-pound-3-week-high.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/99636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946608"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=99636"}],"version-history":[{"count":1,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/99636\/revisions"}],"predecessor-version":[{"id":99637,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/99636\/revisions\/99637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/5016"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=99636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=99636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=99636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}