Indian Rupee vs US Dollar Currency Exchange Forecast

Indian Rupee vs US Dollar Exchange Rates

After a long rise in the Indian Rupee, the US Dollar has exploded. But over time the Rupee will continue to be strong.
After a long rise in the Indian Rupee, the US Dollar has exploded. But over time the Rupee will continue to be strong.

Indian Rupee vs US Dollar Exchange Rates

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The future is clearly in the Indian Rupee. The rupee had an incredible run vs the US dollar from 1999 - 2007. Now we will see the US Dollar continue to gain strength against the Indian Rupee over the next 3-4 years, but with out a doubt the Indian Rupee will be in the end become one of the truly dominant currencies over the next 15-20 years. It will far surpass the Chinese Yuan, although this may come as a surprise, the Indian Rupee and the economy of India will far surpass that of China. An Additional resource for Indian Rupee exchange rate information.

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As China over-controls the value of the Chinese Yuan, the Indian policy makers are slowly introducing the Indian Rupee to an openly traded currency. The India Rupee is already (almost) freely traded in Dubai. Plans for the Rupee to truly trade freely in New York and London are in the works.

Combine the Indian Rupee advantages, than consider that the Indian economy is actually well better positioned than that of the chinese and you will see the advantages of investing in both the SENSEX and the Rupee.

China continues to do the manufacturing for the world, while an educated work force in India are taking the route of higher paid technology jobs. Most high-tech outsourcing continues to move to India and the Rupee.

India's annual industrial output rose more than expected in July, driven by capital goods production, which analysts said signalled continuing investment and underlying economic strength in the face of higher interest rates.

Friday's data showed industrial production rose 7.1 percent in July from a year earlier, beating a forecast of 6.5 percent in a Reuters poll and faster than 5.4 percent in June.

Industrial output is geared mostly to the domestic market, accounting for about a fifth of GDP, and economists were divided on whether it was strong enough to prompt another tightening by the Reserve Bank of India (RBI) at a rate review in October.

"Given the recent trend as far as manufacturing prices inflation is concerned there is still scope for RBI to go with that one last hike in October," said Rajeev Malik, head of Indian and ASEAN economics at Macquarie Capital Securities.

The yield on the 10-year benchmark bond fell 2 basis points to 8.25 percent after the data, with the market looking past the data to an auction later in day, while the rupee inched up to 45.7150/7250 per dollar and the main stock index trimmed losses.

The central bank raised interest rates three times in June and July as inflation moved into double digits, taking its main lending rate, the repo rate, to a seven-year high of 9.0 percent.

Annual inflation has moderated from a peak of 12.6 percent in early August to just above 12 percent by the end of that month, and some economists say the central bank may not hike rates again.

"The headwinds to growth have risen and we expect average IIP growth of 6.7 percent in fiscal 2008/09. We do not expect any more repo rate hikes by the Reserve Bank of India," said Sonal Varma, economist at Lehman Brothers.

The Indian Rupee will continue it's long term rise. The Indian economy will be more to content with for the US Dollar than the Chinese Yuan.

Visit our additional Indian Rupee / Gold / US Dollar research site.



Indian Rupee vs. Chinese Yuan

In 10 years, What currency will be more valuable against the US Dollar?

See results without voting

Comments 36 comments

JYOTI KOTHARI profile image

JYOTI KOTHARI 8 years ago from Jaipur

I am also of the same belief. Only pretty more optimistic. I assume US $ @ Rs. 15 by 2012.

I have also written some hubs about financial problems of America which have matching views.

Thumbs up!


sherlynavia 8 years ago from United States

Nice hub! I agree with your line of thought on Indian Rupee vs US Dollar.


Ashwini 8 years ago

Hi,

i believe that Chinese Yuan will be more valuable against US Dollar because in 2025 India will be the 2nd largest economy in the world and obiviously China is the 1st. And China is growing more faster than India.


Chandoo 8 years ago

Dollar Vs. INR is much better today. $1=50+INR...., this is a kick ass to most of the people who were expecting that dollar will get week.


karthik 7 years ago

when will indian currency goes higher agasinst dollor usa


Currency Rate Calculator 7 years ago

Nice coins.


M.Kishan Roa 7 years ago

Only thing , We Indian's can do is Dream. keep dreaming .....and dreaming .....good for you.


M.Kishan Roa 7 years ago

Only thing , We Indian's can do is Dream. keep dreaming .....and dreaming .....good for you.


pkoson profile image

pkoson 7 years ago

Indian Rupee vs US Dollar Currency Exchange Rupeeus

I think this hub is the anti-anti-toxin to anxiety! Help, the verbosity of it is making me anxious!


sowmya shreya profile image

sowmya shreya 7 years ago

really interesting hub. thank you so much


sophieqd profile image

sophieqd 7 years ago

Indian Rupee vs US Dollar Currency Exchange Rupeeus

Thanks for the reminders. I knew most of that but it is so easy to forget.


JYOTI KOTHARI profile image

JYOTI KOTHARI 7 years ago from Jaipur

What is your opinion now?

jyoti kothari


eaasi3574 7 years ago

excellent hub, thaks for sharing this information and advice.

123312


B P DEWANGAN 7 years ago

199 US DOLLAR= HOW MUCH INDIAN RUPEES


cooooooooooooooooooooooooool_exporter 7 years ago

i don't think indian rupees will increase and it should not increase otherwise we all exporters will be aff\ected worstly


Jaikishan Jaju 7 years ago

Indian rupee shall stabilise around $ = Rs.44 in the near term may be 3-6 months


Jaikishan Jaju 7 years ago

what is your opinion


MUKESH MAHAJAN 7 years ago

US $ WILL BE EQUIVALENT TO INR65 IN NEXT 2 YEARS. SEE HOW MUCH INFLATION IS IN INDIA. BE REALISTIC. US $ CLIMBED FROM INR 37 (IN 2007) AND IT WILL KEEP CLIMBING.


Madhukar 7 years ago

Check and compare the bank exchange rates of dollar to rupee at http://d2r.madhukar4e.com


sanjeev bhat 6 years ago

It will be a disaster mainly in export segment if USD goes below Rs. 40-42. We should maintain that level to make india Grow in all sectors.


althaf mohamed 6 years ago

in my point of view indian currency is going be around 40 inr dec 2010 ..becoz of the foreign investment in share or eqity in our country ..last year foreign investment is 18 - 20 billion dollar ..now in 27 day now ..now the investment is 1.8 billion..let see the RBI POLICY TO TACKLE THE APPRECIATION OF THE INDIAN CURRENCY..


mandeep kumar sonii 6 years ago

I love my India.....


mel22 profile image

mel22 6 years ago from ,

I was going to vote in the poll but then I realized the Dollar may not be the global currency in 10 years if they keep printing free money ,so what's the point in voting. Good article!


whitney doughty 6 years ago

i get you if all of that is going to happen voting is ponit less


c note 6 years ago

if they are just going to be doing that don't you think that voting is pointless just a way to keep us from seeing the real thing that all that we know daer mite soon be over


Patil 6 years ago

Almost all Currency Exchange Forecast shown that $ is doing to start to drop from AUG2010 end and by year end it will get close to 42Rs from the current 47Rs in First week of July 2010 , its also being predicted that by second quarter next year 1$ = 36Rs due to India's growing economy and unemployment in USA


Midasfx profile image

Midasfx 6 years ago

These predictions are too far in the future for me. I prefer to look trade foreign currency today, not speculate about tomorrow.

Good luck on your RS predictions!


Ashok 6 years ago

When india gone a reach like usa.


superman 6 years ago

If dollar falls below Rs.35 it's best for India as overall India doesn't depend on exports only and imports are more than exports so it will be better to have affordability in India like usa has now - less cost of living will only be possible then.


salian 5 years ago

i belive there will be heavy restriction @ 44.20 n very tough chance to breack that level bcoz of dollar appriciation against euro and gbp


mangesh patel 5 years ago

u.s dollor is right now rs. 44 . which was 51.5 a couple years before and still going down and takeing down canadian sollor with it . well u.s country is such a silly country which take whole world to suffer becose of it.it thinks i am everything but we can see what it coude do in iraq,iran, afganistan and pakistan


Currency Converter Expert 5 years ago

With the currency market being very unpredictable, reading this article has been a very interesting read. It would be intriguing to see whether one could accurately predict future trends simply by looking at graphs and statistics.

Though i suppose if that were possible, there would be traders in the profession then in any other...

A very well written article.


Ashish 5 years ago

Don't agree with most of above.....till India's balance of trade comes in Positive....(Export needs to be more than Import).

The same is for China,,,,,so Y can appreciate,,,however controlled.

Is any body will suggest why the above will not follow.


saibal ghosh 5 years ago

All the above information about growth of rupee vs us dollars are bogus. India is looking for foreign investment direct or indirect to show the strength of rupee against dollar. While in local market the high rate of inflation of Indian rupee seems to be bogus d valuating currency to the actual users in India. All analysis are show business basically for Indian actual users of rupee.This is the best tricks of our Government to show the economic strength thus gained.


abbas 5 years ago

india shouid take first position in world economy with in 10 years


Perry 19 months ago

great article mate

http://www.audtoinr.com/

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    Indian Rupee vs US Dollar exchange rate

    Long Term - Indian Rupee will trade and deliver

    Over the next 15 years, we will see the Indian Rupee risenew heights against all of themajor world currencies. The Rupee / Dollar, Rupee vs Euro, and even the Rupee vs Yuan will continue to trade in favor of the Indian Rupee

    Indian shares should start sharply higher on Friday, taking cues from world markets on


    >>

    news the U.S. government is set to design a broad plan to deal


    >>

    with the toxic bank assets clogging the financial systems.

     Asian stocks rallied and Wall Street had its best day in


    >>

    six years on Thursday boosted by the likelihood of a more


    >>

    comprehensive solution to the crisis than the current piecemeal


    >>

    approach.

     "We are going to ape the international movements. Expect a


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    sharp gap up open," Ambareesh Baliga, vice-president at Karvy


    >>

    Stock Broking, said.

     He added investor confidence was still weak and markets may


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    give up some of their gains later in the day, with Europe's


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    opening keenly watched.

     The 30-share BSE index  rebounded from sharp early


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    losses and snapped a seven-day losing streak on Thursday,


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    rising 0.4 percent to 13,315.60. It has lost more than 34


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    percent so far this year.

     Foreign fund outflows are a worry. Net sales this month


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    have reached $1.7 billion, taking the total withdrawal to $9


    >>

    billion this year.

     The annual inflation rate in early September came in above


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    expectation at 12.14 percent, rising for the first time in four


    >>

    weeks.

    Bloomberg News, always a great source for Indian Rupee updates.
    But clearly the best link for Indian Rupee, US Dollar, and Gold
    updates come from www.Rupee.US 



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