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XE Currency Converter

1.00 INR = 0.252630 MVR
Indian Rupee Maldivian Rufiyaa
1 INR = 0.252630 MVR 1 MVR = 3.95836 INR
Convert again MVR/INR thumbnailView Chart Mid-market rates: 2014-07-31 01:30 UTC

XE Market Analysis

  • North American Edition2014-07-30 10:25 UTC

    The dollar extended recent gains, trading on a 1.33 handle against the euro for the first time since last November, making a six-week high against sterling, a three-week peak against the yen and an eight-day high versus the Aussie. A drop in Spanish HICP to -0.3% y/y in the flash estimate for July, down from 0.1% in June, rekindled Eurozone deflation concern and sparked the dip in EUR-USD to 1.3394. A Morgan Stanley research note arguing that short euro ... Read More 

  • European Edition2014-07-30 06:33 UTC

    EUR-USD edged out a fresh low of 1.3403 in quiet trade in Asia, which makes this the tenth lower low over the last 12 trading days. A Morgan Stanley research note arguing that short euro is the "G10 trade for the next 12 months" aptly reflects the general market sentiment. Helping support the dollar side of the equation, meanwhile, have been perky short-end Treasury yields ahead of today's FOMC announcement, which we don't expect to bring a major ... Read More 

  • Asian Edition2014-07-30 19:21 UTC

    The dollar rallied after a decent ADP jobs survey, and a much stronger first look at Q2 GDP. EUR-USD fell from near 1.3400 to trend lows of 1.3367 after the data, and stayed down into the FOMC announcement. USD-JPY rallied to nearly three-month highs, topping out at 103.01 ahead of the Fed. The FOMC statement didn't offer up too many surprises, though the dollar initially rallied, as the Fed noted improvement in the job market. Gains were short loved ... Read More 

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