INR=X - USD/INR

CCY - CCY Delayed Price. Currency in INR
68.385
-0.154 (-0.225%)
As of 5:32AM BST. Market open.
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Previous Close68.539
Open68.541
Bid68.385
Day's Range68.334 - 68.626
52 Week Range63.2100 - 69.2100
Ask68.395
  • Reuters4 days ago

    EM ASIA FX-Most Asian currencies firm, India's rupee buoyed as oil prices ease

    * China's export data beats expectations amid trade row with U.S. * Yuan set for fifth weekly decline * Rupee up as inflation rises above RBI target and oil prices fall (Adds text, updates prices) By Nikhil ...

  • India's June gold imports drop by a quarter as rupee hits record low
    Reuters11 days ago

    India's June gold imports drop by a quarter as rupee hits record low

    India's gold imports fell for a sixth month in June to 44 tonnes as a drop in the rupee to record lows lifted local prices to a near 21-month high, curtailing demand, provisional data from GFMS analysts at Thomson Reuters and bank dealers showed. The 25 percent year-on-year drop in purchases by the world's No.2 consumer could weigh on global prices, which fell to their lowest in seven months last week. Lower gold imports could also help the South Asian country cut its trade deficit.

  • Reuters11 days ago

    India's June gold imports drop by a quarter as rupee hits record low

    India's gold imports fell for a sixth month in June to 44 tonnes as a drop in the rupee to record lows lifted local prices to a near 21-month high, curtailing demand, provisional data from GFMS analysts at Thomson Reuters and bank dealers showed. The 25 percent year-on-year drop in purchases by the world's No.2 consumer could weigh on global prices, which fell to their lowest in seven months last week. Lower gold imports could also help the South Asian country cut its trade deficit.

  • Reuters11 days ago

    Trade war risk, rising oil costs seen keeping rupee near record low: Reuters poll

    Global trade tensions and rising oil prices are expected to weaken India's rupee over the next year, a Reuters poll has found, dragging the currency closer to the record low hit last week against the dollar. While economic growth has picked up and India has retained its spot as the fastest growing major economy this year, the rupee hit an all-time low of 69.09 per dollar last week and is the worst-performing currency in Asia this year. The rupee, already down more than 7 percent this year, has been pressured by a sell-off in emerging markets driven by the daily escalation in global trade tensions and on worries of a widening current account deficit from the rising price of oil, India's biggest import item.

  • Reuters12 days ago

    Slump in rice demand, weaker rupee drag India rates lower

    Export prices for rice in major producers across Asia fell this week, with rates in India hitting their lowest level in 14 months on sluggish demand and a weaker rupee. Rates for India's 5 percent broken parboiled variety fell by $4 to $388-$392 per tonne. "Due to falling rupee, export prices are also coming down," said B V Krishna Rao, President of the Rice Exporters Association.

  • Rupee still over-valued by 5-7 percent - government adviser
    Reuters14 days ago

    Rupee still over-valued by 5-7 percent - government adviser

    India's rupee is currently over-valued by 5-7 percent, a senior government adviser said on Tuesday, indicating that New Delhi is unlikely to support intervening in the market despite the currency shedding close to 7 percent against the dollar this year. "The rate of inflation in India has been much higher than the global rate and that is what determines the real effective exchange rate," Rajiv Kumar, vice chairman of NITI Aayog, a government think tank, told reporters in New Delhi.

  • India rice prices dip on rupee dive, fresh supply prospects weigh on Thai rates
    Reuters19 days ago

    India rice prices dip on rupee dive, fresh supply prospects weigh on Thai rates

    Rice export prices in top exporter India fell this week to the lowest in over a year due to a plunge in the rupee as demand remained subdued, while rates in Thailand fell on expectations of fresh supplies and weakness in the domestic currency. Prices of India's 5 percent broken parboiled variety fell by $2 to $392-$396 per tonne, the lowest in more than a year, as the rupee slumped to a record low, allowing traders to cut prices. India's exports to neighbouring Bangladesh fell sharply after Bangladesh imposed a 28 percent tax on rice imports to support its farmers after local production revived, dealers said.

  • Reuters19 days ago

    EM ASIA FX-Indian rupee, Indonesian rupiah hit milestone lows on trade fears

    * Indian rupee hits all-time intra-day low of 69.09/U.S. dlr * PBOC loosens yuan midpoint for a seventh straight session * Rupiah slumps as much as 0.83 pct to weakest since Oct 6, 2015 * Rupiah "a ...

  • Investopedia26 days ago

    New Lows in Store for the Rupee?

    Over the past two months, the rupee has rallied against several of the most widely traded currencies in the world, including the U.S. dollar, euro, British pound, yen and Australian dollar. Of all the major currencies mentioned above, the rupee remains weakest against the U.S. dollar, and the more times this support level is tested, the more likely it is that we see a break to the downside.

  • Reuterslast month

    Rupee to rebound but path rife with pitfalls: Reuters poll

    The Indian rupee will erase some of this year's losses against the dollar over the coming 12 months but high volatility in the run up to general elections in 2019 could send it off-piste, a Reuters poll found. A selloff in emerging markets and a widening fiscal deficit, exacerbated by rising oil prices - India's biggest import bill - has hurt the rupee this year. The Indian currency hit an 18-month low of 68.47 per dollar in May and is down over 5 percent so far this year, making it one of the worst performers in Asia.

  • Reuterslast month

    Pakistan Eurobonds fall after rupee slump

    Pakistan's Eurobonds fell on Monday following what traders said appeared to be the country's third currency devaluation in seven months. The 2027-maturing bond fell 0.75 cents to trade at 89.76 cents - ...

  • Reuterslast month

    Ailing carrier Air India seeks 10 billion-rupee short-term loan

    State-run carrier Air India is seeking a short-term loan of 10 billion rupees ($148.26 million) so it can continue day-to-day operations, according to an announcement on its website on Thursday. The move reflects the dire financial straits of the debt-ridden national carrier. It runs some of the most lucrative routes in India and overseas, but it is struggling with bloated costs.

  • Reuterslast month

    EM ASIA FX-S.Korean won firms as US dlr droops; Indian rupee drops despite rate hike

    * S.Korean won on track to firm for 5th straight session * Indian rupee weakens despite c.bank rate hike on Wednesday (Adds text, updates prices) By Aaron Saldanha June 7 (Reuters) - South Korea's won ...

  • Reuterslast month

    Government plans 70 billion rupee bailout for sugar mills: Times of India

    The country's Cabinet Committee on Economic Affairs is scheduled to meet on Tuesday to decide on the bailout, according to the report. The government is keen to placate India's 50 million cane growers, who make up an influential political lobby, especially with national elections barely a year away in May 2019. Last month, the government had announced a subsidy for sugarcane farmers and had said it would build stockpiles of sugar to cut a surplus in the market.

  • Reuters2 months ago

    Indian rice prices ease to lowest in a year as rupee slides

    Rice prices in India fell for the third straight week to their lowest level in a year as the rupee slipped to a 16-month low, while markets in other top exporters remained relatively muted. "Indian rice is very competitive compared to supplies from Thailand and Vietnam. Rice prices in the country, which emerged as a major importer in 2017 after floods damaged its crops, jumped around 40 percent last year due to depleting stocks, forcing the government to seek supplies from Asian countries like India, Thailand and Vietnam.

  • Reuters2 months ago

    EM ASIA FX-Rising U.S. yields weigh on most Asian currencies, rupee cuts losses

    * India's rupee pares losses after touching another over 1-yr low * Indonesian rupiah falls, eyes on central bank meet on Thursday * Thai c.bank expected to stand pat on rates, baht down (Adds text, updates ...

  • Reuters2 months ago

    Rupee posts sharp recovery on suspected RBI intervention

    The Indian rupee recovered sharply on Tuesday to rise on suspected intervention by the Reserve Bank of India (RBI) after falling to a near 16-month low in early trade. The RBI typically intervenes in the foreign exchange market via state banks. The central bank likely sold dollars via state banks at 67.67 level to stem the rupee fall, said dealers.

  • CNBC2 months ago

    The Indian rupee is under pressure — that may signal economic trouble ahead

    The Indian rupee has been depreciating since the start of 2018 and hit its lowest in 15 months against the U.S. dollar on Monday.

  • Reuters2 months ago

    Bearish bets on rupee surge to highest since August 2013: Reuters poll

    The Federal Reserve on Wednesday indicated that inflation was nearing the central bank's target, and that it remained on track to raise borrowing costs in June. The Taiwan dollar saw April as its worst month in more than two years, and is poised to lose in May as well.

  • Sri Lanka raises LPG price after rise in petroleum prices, fall in rupee
    Reuters3 months ago

    Sri Lanka raises LPG price after rise in petroleum prices, fall in rupee

    Sri Lanka raised liquefied petroleum gas (LPG) prices with effect from Saturday after a recent rise in petroleum prices and the depreciation of the rupee currency made LPG imports more expensive. The LPG price increase is the second in eight months. The price of a widely used 12.5 kg LPG cylinder was raised by 17 percent to 1,676 rupees ($10.63) by both the state-owned LPG retailer and its only private competitor.

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

  • Reuters3 months 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?
    Quartz3 months 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…