Forex News: Us Dollar 16 June 2017 (48)

Latest News, Photos, Videos On Rupee Against Dollar

Forex dealers said US dollar’s gains against rivals overseas in the wake of a string of developments at the global level also had an impact of the rupee. The U.S. dollar falls against most of its major rivals on Monday, but climbs against the British pound as investors question what would be next for the U.K. government as it wrangles with a hung parliament just before Brexit talks are scheduled to begin in a week.

There’s more good news because as of July 22, 2015, one British pound is currently worth around 1.562 US dollars, well below the $1.65 average over the last 15 years from 1990. Again, this means that by spending a pound in the UK right now, it’ll cost you less dollars. London’s calling!

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