INR=X - USD/INR

CCY - CCY Delayed Price. Currency in INR
66.20
+0.08 (+0.12%)
At close: 11:19PM BST
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Previous Close66.123
Open66.199
Bid66.2
Day's Range66.199 - 66.242
52 Week Range63.2100 - 66.3500
Ask66.25
  • Asia Rice: India prices dip amid rupee decline, Thai rates soar on supply crunch
    Reuters3 days ago

    Asia Rice: India prices dip amid rupee decline, Thai rates soar on supply crunch

    Rice export prices in India dropped for a second week on sluggish demand and a weaker rupee, while Thai rates surged amid supply woes and fresh deals buoyed Vietnamese rates. Rates for top exporter India's 5 percent broken parboiled variety fell by $2 to $417-$421 per tonne. Also weighing on Indian exports was weak demand from Bangladesh, which had emerged as a major importer since 2017 after floods depleted stocks.

  • Asia Rice: India prices dip amid rupee decline, Thai rates soar on supply crunch
    Reuters3 days ago

    Asia Rice: India prices dip amid rupee decline, Thai rates soar on supply crunch

    Rice export prices in India dropped for a second week on sluggish demand and a weaker rupee, while Thai rates surged amid supply woes and fresh deals buoyed Vietnamese rates. Rates for top exporter India's 5 percent broken parboiled variety fell by $2 to $417-$421 per tonne. Also weighing on Indian exports was weak demand from Bangladesh, which had emerged as a major importer since 2017 after floods depleted stocks.

  • Reuters4 days ago

    BRIEF-IHH Healthcare Says Issued Non-Binding Letter To Fortis To Infuse Up To INR 40 Bln Into Fortis

    April 19 (Reuters) - IHH HEALTHCARE BHD * ISSUED STRICTLY NON-BINDING LETTER TO BOARD OF FORTIS EXPRESSING IHH’S READINESS TO INFUSE UP TO INR 40 BILLION INTO FORTIS * INFUSION INTENDED TO FUND BUYING ...

  • Why is the Indian rupee at a seven-month low?
    Quartz5 days ago

    Why is the Indian rupee at a seven-month low?

    The Indian currency is weakening steadily, and the outlook isn’t rosy. The rupee has lost nearly 3% of its value since the start of 2018, and it is the second-biggest loser in the BRICS group: Brazil, Russia, India, China, and South Africa. The Russian ruble is the only currency that has lost more value than…

  • MarketWatch5 days ago

    Trump’s ‘devaluation’ blast made awkward by weak dollar: analysts

    A Treasury report that stopped short of naming any U.S. trade partner a currency manipulator didn’t stop President Donald Trump from leveling the charge against Russia and China on Monday.

  • SoftBank, Alibaba to invest $445 million in Paytm E-Commerce
    Reuters20 days ago

    SoftBank, Alibaba to invest $445 million in Paytm E-Commerce

    MUMBAI (Reuters) - SoftBank Group <9984.T> is investing $400 million (26.05 billion Indian rupees) in India's Paytm E-Commerce Pvt. Ltd. in a funding round that will value the online retailer at roughly $1.9 billion, a regulatory filing showed on Monday.

  • Bullish bets trimmed on most Asia FX; short rupee positions at one-year high: Reuters poll
    Reuterslast month

    Bullish bets trimmed on most Asia FX; short rupee positions at one-year high: Reuters poll

    The dollar has been rising since mid-February on hopes the U.S. Federal Reserve would signal it was prepared to do more than the three rate hikes that markets have priced in for 2018. Fears of a trade war have also gripped financial markets following the U.S. decision to impose tariffs on imported steel and aluminium. President Donald Trump is next expected to unveil up to $60 billion in new tariffs on Chinese imports by Friday.

  • Reuterslast month

    Rupee and rupiah seen vulnerable to U.S. rates, tantrums not expected

    Both currencies have fallen sharply since the beginning of the year, alongside a rise in expectations for improved global growth and faster policy tightening by the Fed. The Fed raised its interest rates by a quarter percent on Wednesday, and forecast two more hikes for 2018, highlighting its growing confidence that tax cuts and government spending will boost the U.S. economy. The recent falls in the rupee and rupiah are reminiscent of the 2013 selloff when foreign investors fled emerging-Asia markets after the Fed signalled an end to ultra-easy crisis policy.

  • Reuterslast month

    UltraTech says some Binani Cement creditors back its 72.6 billion INR bid

    Top Indian cement maker UltraTech (ULTC.NS) said on Tuesday it had secured backing from some creditors of Binani Cement to buy the firm for $1.1 billion outside of a bankruptcy process, a move that is testing India's new insolvency proceedings. As part of the bankruptcy process, a panel made up of Binani's creditors has already approved a rival bid by a group including Dalmia Bharat (DALA.NS) and a fund backed by Bain Capital and India's Piramal Enterprises (PIRA.NS).

  • Reuterslast month

    EM ASIA FX-Most currencies inch up but Indian rupee falls

    * Currencies ease off recent declines * Sentiment still subdued as Fed meet looms (Adds details, updates prices) By Ambar Warrick March 20 (Reuters) - Most Asian currencies edged up on Tuesday, shaking ...

  • Reuters2 months ago

    Indian bonds, rupee weaken as MPC minutes suggest increased inflation concerns

    MUMBAI (Reuters) - Indian bonds and the rupee weakened on Thursday morning after minutes of the central bank's February monetary policy meetings released on Wednesday showed increased concern among members ...

  • Rupee pushed to near 3-month low, emerging stocks slide
    Reuters2 months ago

    Rupee pushed to near 3-month low, emerging stocks slide

    The Indian rupee slid to a near three-month low on Tuesday amid growing concerns about an alleged major bank fraud at India's second-largest state-run lender, whilst emerging stocks fell half a percent. The rupee fell 0.9 percent against the dollar to its weakest since mid-November as investors eyed the potential broader implications from the alleged $1.77 billion Punjab National Bank (PNB) loan fraud. Investors have also been unsettled by India's trade deficit hitting its highest in over 4-1/2 years in January.

  • Reuters2 months ago

    EMERGING MARKETS-Indian rupee pushed to near 3-mth low, emerging stocks slide

    The Indian rupee slid to a near three-month low on Tuesday amid growing concerns about an alleged major bank fraud at India's second-largest state-run lender, whilst emerging stocks fell half a percent. ...

  • Reuters2 months ago

    Sensex and Nifty slump, rupee weakens tracking global rout

    Indian shares slid and the rupee weakened as a global market rout whacked sentiment, adding to existing investor concerns ahead of a central bank meeting this week and a new capital gains tax later in the year. The broader NSE Nifty and the benchmark BSE Sensex each fell about 1.6 percent on Tuesday, marking a sixth consecutive session of falls after earlier falling as much as 3.7 percent each. The slump in Wall Street overnight comes as India's record-setting share rally came under threat following the government's announcement of a 10 percent long-term capital gains tax in equities, which starts in April.

  • Reuters3 months ago

    Sensex up ahead of budget; bonds flat, rupee weakens

    The rupee weakened to 63.6650 from its 63.58 close on Wednesday, tracking a stronger dollar after the U.S. Federal Reserve signalled its confidence about inflation and growth in the world's biggest economy. Investors in India are keenly waiting to see how much India widens its fiscal deficit for the year starting in April, from the current projection of 3.0 percent of gross domestic product. "If the budget is committed to fiscal consolidation and there is no additional tax burden on capital market investments then it will be welcomed cheerfully by investors," said Sudhakar Pattabiraman, head of research operations at MarketSmith, which is part of financial services provider William O'Neil.

  • Moody's3 months ago

    Pakistan, Government of -- Moody's: Further depreciation in the Pakistani rupee would pose short-term challenges but affords long-term benefits

    Announcement: Moody's: Further depreciation in the Pakistani rupee would pose short-term challenges but affords long-term benefits. Global Credit Research- 09 Jan 2018. Singapore, January 09, 2018-- Moody's ...

  • Reuters4 months ago

    Pakistan's new finance chief targets tax reforms, touts rupee flexibility

    Pakistan's new finance ministry chief Miftah Ismail said he plans significant tax reforms in the five months before the government's term ends ahead of a 2018 election, and touted a policy of greater currency flexibility. Pakistan's government has in recent months devalued the rupee, imposed tariffs on imported goods and sought to boost exports to reduce growing balance of payments pressures fuelling concern about health of the nearly $300 billion economy. Pakistan this month borrowed $2.5 billion from international markets via a Sukuk and eurobond offers that were vastly oversubscribed and fetched lower-than-expected rates.

  • Reuters4 months ago

    India's Aarti Industries signs 100 billion-rupee contract with SABIC's U.S. unit

    (Reuters) - Speciality chemicals and pharmaceuticals manufacturer Aarti Industries Ltd signed a supply contract with a U.S. affiliate of Saudi Basic Industries Corp (SABIC) worth 100 billion rupees ($1.56 ...

  • Reuters4 months ago

    India's Aarti Industries signs 100 bln-rupee contract with SABIC's U.S. unit

    Speciality chemicals and pharmaceuticals manufacturer Aarti Industries Ltd signed a supply contract with a U.S. affiliate of Saudi Basic Industries Corp worth 100 billion rupees . Aarti Industries will ...

  • A collector of Indian rupee notes believes paper currency will soon be a thing of the past
    Quartz4 months ago

    A collector of Indian rupee notes believes paper currency will soon be a thing of the past

    At a time when bitcoin and other cryptocurrencies are drawing attention around the world, talking about paper money may already seem a little anachronistic. Rezwan Razack, joint managing director of Bengaluru-based real-estate company Prestige Group, knows this all too well. But he’s spent the past 45 years putting together an enormous collection of Indian currency…

  • Rupee pares losses on Gujarat vote result; other Asian currencies slip
    Reuters4 months ago

    Rupee pares losses on Gujarat vote result; other Asian currencies slip

    Other emerging Asian currencies slipped as the dollar edged up. At around 0350 GMT, the rupee was down as much as 1.1 percent, its biggest intraday loss since May 18, as initial counting showed a close fight between the ruling BJP and the main opposition Congress. Later, three news television channels said the BJP won more than 100 of 182 assembly seats.

  • Most Asian FX restrained by cautious sentiment, rupee rallies
    Reuters4 months ago

    Most Asian FX restrained by cautious sentiment, rupee rallies

    The Indian rupee climbed nearly half a percent against the dollar, after exit polls showed Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) will likely win elections in the his home state of Gujarat but caution remains ahead of the actual results. The state election is seen as a litmus test for Modi ahead of a national election in 2019. "A possible landslide victory by the BJP could signal strength in the coalition, paving the way for PM Modi to continue his economic policies," Maybank said in a note on Friday.

  • Bonds, rupee gain after Gujarat exit poll results
    Reuters4 months ago

    Bonds, rupee gain after Gujarat exit poll results

    MUMBAI (Reuters) - The rupee strengthened while bond yields inched lower on Friday morning after exit polls showed the country's ruling alliance would win elections in the prime minister's home state but ...

  • Reuters4 months ago

    Bonds, rupee up on Fed meet outcome

    MUMBAI (Reuters) - Indian bond yields dropped while the rupee rose on Thursday after the U.S. Federal Reserve raised interest rates in line with expectations while keeping the outlook unchanged. The government's ...

  • Reuters4 months ago

    EM ASIA FX-Indian rupee dips despite inflation spike, other Asian currencies eyes Fed

    (Adds text, updates prices) By Patturaja Murugaboopathy Dec 13 (Reuters) - The Indian rupee dipped nearly quarter of a percent on Wednesday, despite a sharper-than-expected jump in consumer inflation which ...