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INR/USD (INRUSD=X)

CCY - CCY Delayed Price. Currency in USD
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0.0134+0.0000 (+0.03%)
At close: 5:24PM BST
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Previous close0.0134
Open0.0134
Bid0.0134
Day's range0.0134 - 0.0134
52-week range0.0132 - 0.0138
Ask0.0134
  • Rupee loses 1.5% in biggest single-day fall for 20 months
    Reuters

    Rupee loses 1.5% in biggest single-day fall for 20 months

    The Indian rupee lost 1.5% on Wednesday, suffering its biggest single-day fall in 20 months as the central bank mapped out plans for a massive government bond buying programme. The partly convertible currency ended at 74.55 per dollar versus its previous close of 74.43, having earlier touched 74.5550, its weakest since Nov. 17. The Reserve Bank of India (RBI) kept interest rates at record lows on Wednesday but its commitment to government bond purchases raised prospects of plenty of rupee liquidity, and potential inflation, both of which undermined sentiment toward the currency.

  • Indian rupee posts first quarterly fall in four as dollar rallies
    Reuters

    Indian rupee posts first quarterly fall in four as dollar rallies

    The Indian rupee posted its first quarterly fall in four on the last day of the 2020/21 fiscal year as a broad rally in the dollar finally rubbed off on the local unit. "Just as INR's artificial relative uptick in mid-March was transient, we think the sharp relative depreciation is more a reflection of reversal of those transient factors than anything structural at play," said Madhavi Arora, lead economist at Emkay Global Financial Services.

  • RBI Is Assessing Digital Rupee’s Impact on Financial Stability, Says Governor Shaktikanta Das
    CoinDesk

    RBI Is Assessing Digital Rupee’s Impact on Financial Stability, Says Governor Shaktikanta Das

    The RBI is examining the impact of the digital rupee on the financial stability in the economy.