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USDINR United States Dollar vs Indian Rupee

87.78925
0.00 (0.00%)
08 Feb 2025 - Closed
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
  0.00 0.00% 87.78925 87.5091 88.0694 0 00:00:00

Indian Rupee Falls To Record Low Against U.S. Dollar

02/12/2024 6:13am

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US Dollar vs INR (FX:USDINR)
Forex Chart


From Nov 2024 to Feb 2025

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The Indian rupee weakened against the U.S. dollar in the European session on Monday, as Trump's tariff threat bolstered the dollar.

The U.S. President-elect Donald Trump has threatened the BRICS grouping with "100 percent tariffs" if they moved to create a new currency or back any other option as the world's reserve.

In economic news, data from S&P Global showed that India's manufacturing sector growth remained strong in November, but the pace of expansion softened due to slower increases in orders and production amid inflationary pressures.

The HSBC final manufacturing Purchasing Managers' Index dropped to 56.5 in November from 57.5 in October. The flash reading was 57.3. A score above 50.0 indicates expansion.

Against the U.S. dollar, the rupee fell to a record low of 84.728 from an early high of 84.564.

If the rupee extends its downtrend, it is likely to find support around the 85.00 region.

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