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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.092 | -0.11% | 83.40665 | 83.4064 | 83.4069 | 83.57215 | 83.37195 | 83.49875 | 0 | 23:08:24 |
The Indian rupee declined against the U.S. dollar in evening deals on Monday, as the latter received support on speculation that the Federal Reserve is set to start raising interest rates gradually later this year.
In a speech last week, Federal Reserve Chairwoman Janet Yellen confirmed she believes interest rates will rise "sometime this year."
The rupee edged down to 62.69 against the greenback, from last week's closing value of 62.5245. The next possible support for the rupee is seen around the 63.00 zone.
1 Year US Dollar vs INR Chart |
1 Month US Dollar vs INR Chart |
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