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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0128 | 0.02% | 83.41945 | 83.4192 | 83.4197 | 83.50 | 83.35275 | 83.40675 | 0 | 23:08:25 |
From May 2019 to May 2024
In late afternoon deals on Monday, the Indian rupee declined to a 6-day low against the U.S. dollar after Standard & Poor's said in a report that India could lose its investment grade rating due to slow economic growth and political roadblocks to economic policymaking.
The rupee is now trading at 55.68 per dollar and if the Indian currency weakens further, it will target the 56 level. The dollar-rupee pair ended last week's deals at 55.375.
In a report titled "Will India Be The First BRIC Fallen Angel?", the rating agency said government's reaction to potentially slower growth and greater vulnerability to economic shocks could largely determine whether the country can maintain an investment-grade rating or become the first "fallen angel" among the BRIC nations.
1 Year US Dollar vs INR Chart |
1 Month US Dollar vs INR Chart |
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