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USDINR United States Dollar vs Indian Rupee

83.40335
-0.0953 (-0.11%)
Last Updated: 22:03:10
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
  -0.0953 -0.11% 83.40335 83.4031 83.4036 83.57215 83.37195 83.49875 0 22:03:10

Indian Rupee Hits Record Low Against U.S. Dollar On Fed Rate Hike Worries

20/10/2022 4:05am

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US Dollar vs INR (FX:USDINR)
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From May 2022 to May 2024

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The Indian rupee lost ground against the U.S. dollar in late morning deals on Thursday, as regional shares fell, tracking a drop in Asian shares, amid worries that aggressive monetary tightening to contain inflation could spark a global recession.

The benchmark 30-share BSE Sensex dropped 125 points, or 0.21 percent, to 58,981, while the broader NSE Nifty index was down 33 points, or 0.19 percent, at 17,478.

Investors continue to worry that steep interest rate hikes by the U.S. Federal Reserve to control inflation may fuel the recession.

The Indian rupee touched a record low of 83.22 against the greenback. At yesterday's close, the pair was worth 83.01.

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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