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USD/INR (INR=X)

CCY - CCY Delayed price. Currency in INR
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81.3500-0.1210 (-0.1485%)
As of 11:00AM BST. Market open.
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Previous close81.4710
Open81.4730
Bid81.3500
Day's range81.1420 - 81.7100
52-week range73.6975 - 82.1130
Ask81.3600
  • Reuters

    India's forex reserve adequacy considered while managing volatile rupee - RBI's Das

    The Reserve Bank of India's interventions in the foreign exchange markets are to maintain macro economic stability and the adequacy of forex reserves is always kept in mind, Governor Shaktikanta Das said in a policy speech on Friday. The rupee is a free-floating currency, with a market-driven exchange rate, the governor said, adding that the RBI did not have a fixed exchange rate in mind and intervened only to curb excess volatility. "The aspect of adequacy of forex reserves is always kept in mind," Das added.

  • Reuters

    Rupee seen higher on current account deficit surprise, dollar retreat

    The Indian rupee is expected to open higher against the U.S. dollar on Friday, after the country reported a lower-than-expected current account deficit for the June quarter. The dollar index pulling back further from multi-year highs will likely be an additional boost for the rupee, traders said. India posted a CAD of $23.9 billion in the April-June period, wider than $13.4 billion in the preceding quarter but lower than $30.5 billion that economists were expecting.

  • Reuters

    Indian rupee may sink to 82.50 on towering dollar, funding gap - IDFC

    The Indian rupee could decline to 82.50 against the dollar by March, driven by the greenback's surge and the country's balance of payment deficit, IDFC First Bank said in a research note. The dollar's rally accelerated after the U.S. Federal Reserve last week raised rates by another 75 basis points and forecast more large-sized hikes to control inflation. "Looking ahead, we believe the dollar strength will endure," Gaura Sen Gupta, economist at IDFC First Bank, said.