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USDINR United States Dollar vs Indian Rupee

83.52565
-0.0196 (-0.02%)
Last Updated: 07:21:30
Delayed by 15 minutes
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
  -0.0196 -0.02% 83.52565 83.5244 83.5269 83.54515 83.47285 83.5645 0 07:21:30

Indian Rupee Drops To Near 4-week Low Against U.S. Dollar

25/01/2022 4:07am

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US Dollar vs INR (FX:USDINR)
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The Indian rupee depreciated against the U.S. dollar in afternoon deals on Tuesday, after the latter strengthened on safe-haven demand amid U.S.-Russia tensions and caution ahead of the Federal Reserve's meeting that could signal the first rate hike in March.

Investors await the Fed meeting beginning later today, which is expected to lay down the ground work for a rate hike in March.

U.S.-Russia tensions escalated amid a continued buildup of Russian troops near the border of Ukraine.

The Indian rupee touched near a 4-week low of 74.80 against the greenback from Monday's close of 74.64. If the rupee falls further, 76.00 is likely seen as its next support level.

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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