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| Name | Symbol | Market | Type |
|---|---|---|---|
| United States Dollar vs Indian Rupee | FX:USDINR | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0077 | 0.01% | 83.4142 | 83.4137 | 83.4147 | 83.43115 | 83.34255 | 83.40445 | 0 | 09:07:00 |
From May 2019 to May 2024
Corrects forecast in Second Para
The Indian rupee gained ground against the U.S. dollar in evening deals on Thursday, after Standard & Poor's raised its GDP forecast of the country.
The agency said that India was the bright spot in Asia-Pacific and that the raise in the country's growth forecasts reflected new official data based on methodological improvements.
S&P raised its growth forecast for the fiscal year ending March 2015 to 7.9 percent from 6.2 percent. The growth forecast for the fiscal year 2016-17 was also upwardly revised by 1.6 percentage point to 8.2 percent.
The rupee advanced to 61.73 against the greenback, a level not seen since February 9. The next possible resistance for the rupee is seen around the 61.00 zone. At yesterday's close, the pair was worth 61.85.
1 Year US Dollar vs INR Chart |
1 Month US Dollar vs INR Chart |
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