
This was part of the liberalisation and deregulation reforms of the early 1990s. In 1993, India officially moved towards a ‘market-determined exchange rate’ from a fixed peg to the US dollar (USD) 1. Analysing data from 2000-2020, Patnaik and Sengupta examine whether INR actually followed multiple exchange rate regimes, and if so, how the Central Bank managed exchange market pressure across these regimes. The USD to PKR forecast at the end of the month 281.3, change for July 0.0%.Since 1993, the Indian rupee (INR) has officially been following a market-determined exchange rate – price is determined by demand for and supply of foreign exchange – with intervention by the Reserve Bank of India from time-to-time.

The USD to PKR forecast at the end of the month 281.3, change for June 3.0%. The USD to PKR forecast at the end of the month 273.1, change for May -3.0%. The USD to PKR forecast at the end of the month 281.5, change for April 2.0%. The USD to PKR forecast at the end of the month 276.1, change for March 3.0%. The USD to PKR forecast at the end of the month 268.1, change for February -0.4%. The USD to PKR forecast at the end of the month 269.1, change for January -0.7%. The USD to PKR forecast at the end of the month 271.0, change for December -0.4%.ĭollar to Rupee forecast for January 2025. The USD to PKR forecast at the end of the month 272.0, change for November -3.0%. The USD to PKR forecast at the end of the month 280.4, change for October -0.6%.ĭollar to Rupee forecast for November 2024. The USD to PKR forecast at the end of the month 282.2, change for September 0.6%. The USD to PKR forecast at the end of the month 280.6, change for August -0.1%.ĭollar to Rupee forecast for September 2024. The USD to PKR forecast at the end of the month 280.9, change for July -1.1%. The USD to PKR forecast at the end of the month 283.9, change for June -2.1%. The USD to PKR forecast at the end of the month 290.1, change for May -0.9%. The USD to PKR forecast at the end of the month 292.7, change for April 0.3%. The USD to PKR forecast at the end of the month 291.7, change for March 2.5%. The USD to PKR forecast at the end of the month 284.6, change for February 2.7%. The USD to PKR forecast at the end of the month 277.0, change for January 2.4%. The USD to PKR forecast at the end of the month 270.5, change for December 2.7%.ĭollar to Rupee forecast for January 2024. The USD to PKR forecast at the end of the month 263.5, change for November 0.6%. The USD to PKR forecast at the end of the month 261.8, change for October 2.6%.ĭollar to Rupee forecast for November 2023. The USD to PKR forecast at the end of the month 255.2, change for September 0.2%.

The USD to PKR forecast at the end of the month 254.8, change for August 0.1%.ĭollar to Rupee forecast for September 2023. The USD to PKR forecast at the end of the month 254.5, change for July 0.4%.


The USD to PKR forecast at the end of the month 253.5, change for June 3.0%. The USD to PKR forecast at the end of the month 246.1, change for May 1.3%. The USD to PKR forecast at the end of the month 242.9, change for April 3.0%. The USD to PKR forecast at the end of the month 235.8, change for March 0.9%. GBP To PKR Forecast For Tomorrow, Month, 20. USD To PKR Forecast For Tomorrow And Month. The USD to PKR forecast at the end of the month 233.7, change for February 3.0%. The USD to PKR forecast at the end of the month 226.9, change for January -3.0%. The USD to PKR forecast at the end of the month 233.9, change for December 3.0%.ĭollar to Rupee forecast for January 2023. The USD to PKR forecast at the end of the month 227.1, change for November 1.4%. The USD to PKR forecast at the end of the month 223.9, change for October -1.7%.ĭollar to Rupee forecast for November 2022.
