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USDINR United States Dollar vs Indian Rupee

83.4805
-0.0648 (-0.08%)
Last Updated: 05:26:52
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
  -0.0648 -0.08% 83.4805 83.4797 83.4813 83.5135 83.4805 83.5645 0 05:26:52

Indian Rupee Slides To 10-day Low Versus U.S. Dollar After RBI Decision

10/02/2022 12:50am

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US Dollar vs INR (FX:USDINR)
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The Indian rupee declined against the U.S. dollar in the morning session on Thursday, after India's central bank left its key interest rate and policy stance unchanged.

The Reserve Bank of India held the repo rate steady at 4.00 percent as expected.

The reverse repo rate was left unchanged at 3.35 percent, defying expectations for a hike to 3.55 percent.

RBI Governor Shaktikanta Das said the 'accommodative' policy stance is set to continue as long as needed.

The Indian rupee weakened to a 10-day low of 75.04 against the greenback from yesterday's closing value of 74.78. If the rupee falls further, 76.00 is likely 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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