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USDINR United States Dollar vs Indian Rupee

83.2775
-0.109 (-0.13%)
Last Updated: 21:26:17
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
  -0.109 -0.13% 83.2775 83.27 83.285 83.4456 83.25665 83.39005 0 21:26:17

Indian Rupee Falls Against U.S. Dollar After RBI Rate Announcement

05/04/2018 7:04am

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US Dollar vs INR (FX:USDINR)
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The Indian rupee declined against the U.S. dollar in evening deals on Thursday, after the Reserve Bank of India kept its key interest rates unchanged for the fourth straight meeting.

At the first bi-monthly monetary policy session, the Monetary Policy Committee of the Reserve Bank of India decided to hold the repo rate at 6.00 percent, the lowest since 2010.

The reverse repo rate was retained at 5.75 percent. The bank had lowered the rates by 25 basis points at its meeting in August 2017.

The rupee that closed Wednesday's trading at 65.02 against the greenback declined to 65.21. If the rupee falls further, 67.00 is 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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