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
  0.2165 0.29% 75.119 75.0925 75.1455 75.325 74.90255 74.90255 0 03:19:42

Indian Rupee Advances To Nearly 2-week High Against U.S. Dollar

20/10/2021 7:16am


US Dollar vs INR (FX:USDINR)
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The Indian rupee rose against the U.S. dollar in evening deals on Wednesday, amid falling oil prices on the back of an increase in U.S. crude inventories last week.

Data from the American Petroleum Institute showed that the U.S. crude inventories increased by 3.294 million barrels for the week ended October 15, up from expectations for a rise of 2.23 million barrels.

A slight fall in yields on shorter-dated U.S. government bonds also supported the currency.

The Indian rupee appreciated to nearly a 2-week high of 74.84 against the greenback. The rupee is seen finding resistance around the 72.00 mark.

1 Year US Dollar vs INR Chart

1 Year US Dollar vs INR Chart

1 Month US Dollar vs INR Chart

1 Month US Dollar vs INR Chart
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