INR=X - USD/INR

CCY - CCY Delayed Price. Currency in INR
71.4200
+0.1010 (+0.1416%)
As of 4:37AM GMT. Market open.
Stock chart is not supported by your current browser
Previous Close71.319
Open71.319
Bid71.424
Day's Range71.309 - 71.45
52 Week Range64.2430 - 74.9000
Ask71.474
  • Investors are back with a ‘big appetite’ for risk in emerging markets
    Yahoo Finance Video14 days ago

    Investors are back with a ‘big appetite’ for risk in emerging markets

    After the selloff in December, Chief Fixed Income Strategist Kathy Jones of Charles Schwab says investors are back with a "big appetite for risk" in sectors like emerging currencies. Yahoo Finance’s Alexis Christoforous speaks to her.

  • Rupiah Holds Edge Over Rupee in Currency Battle as Polls Near
    Bloomberg7 hours ago

    Rupiah Holds Edge Over Rupee in Currency Battle as Polls Near

    The consensus: Indonesia’s rupiah will trump India’s rupee. Opinion polls show Indonesian President Joko Widodo is set to win the April 17 vote, while Indian Prime Minister Narendra Modi’s position appears less secure following regional defeats for his party late last year. “The rupiah offers a better risk-reward for investors than the rupee,” said Rainer Michael Preiss, an executive director at Taurus Wealth Advisors Pte. in Singapore.

  • Hold onto Your Rupees: This Classic 'Legend of Zelda' Game Is Being Remade for Nintendo Switch
    Fortune4 days ago

    Hold onto Your Rupees: This Classic 'Legend of Zelda' Game Is Being Remade for Nintendo Switch

    Hold onto Your Rupees: This Classic 'Legend of Zelda' Game Is Being Remade for Nintendo Switch

  • Investing.com11 days ago

    Euro Hits New Two-Week Low as Market Braces for More Gloom

    Investing.com -- The euro slid to a new two-week low against the dollar in early trading in Europe Thursday as traders braced for more gloomy headlines about the economic outlook.

  • Reuters12 days ago

    Rupee the 'whipping boy', but to dodge record low: Reuters poll

    The Indian rupee is set to underperform against the dollar again this year, weighed down by uncertainty ahead of a national election in May, but is unlikely to retest life-time lows, a Reuters poll showed. After reversing some of the deep losses in the final few months of 2018, the Indian rupee has lost about 3 percent so far this year, including nearly 1 percent since the government delivered a populist interim budget on Friday and inflamed concerns about the nation's fiscal deficit. While that outlook for the rupee, the worst-performing major Asian currency this year, was slightly better compared to the previous poll, it is largely driven by expectations the dollar's dominance has diminished.

  • Indian Gov’t Committee Is Worried About Crypto’s Impact on Rupee’s Stability: Report
    Cointelegraph14 days ago

    Indian Gov’t Committee Is Worried About Crypto’s Impact on Rupee’s Stability: Report

    An Indian governmental committee is concerned by the impact that cryptocurrency could have on the rupee, if it is allowed to be used for payments, according to a report published by Quartz on Feb. 4. The article refers to government panel led by Indian Economic Affairs Secretary and former Executive Director at the World Bank, Subhash Chandra Garg, which was reportedly set up in November 2017. The article suggests that such concerns have been spurred by a report released by the Bank of International Settlements (BIS) in March.

  • The Indian government is worried that cryptocurrencies may destabilise the rupee
    Quartz14 days ago

    The Indian government is worried that cryptocurrencies may destabilise the rupee

    From money laundering to terror financing, the risks associated with cryptocurrencies are well known. The committee, led by the top bureaucrat Subhash Chandra Garg is believed to be in a tangle over the impact that digital coins will have on the Indian rupee if they are allowed for making payments. The panel was set up in November 2017 under Garg, the economic affairs secretary in the ministry of finance, and is in advanced stages of drafting regulations for cryptocurrencies in India.

  • Reuters14 days ago

    EM ASIA FX-Asian currencies subdued in holiday-thinned trade; Indian rupee slips

    * Most currencies see muted trading * Indian rupee slides to weakest in 7 weeks * Malaysian ringgit slightly stronger (Adds details on Indian rupee, context, updates prices) By Ambar Warrick Feb. 4 (Reuters) ...

  • Reuters17 days ago

    India's gross market borrowing seen at 7.04 trillion rupees in 2019-20: traders citing report

    NEW DELHI (Reuters) - India plans to borrow 7.04 trillion Indian rupees ($99.01 billion) during the year ending March 2020, traders said citing news agencies on Friday. ($1 = 71.1010 Indian rupees) (Reporting ...

  • Reuters17 days ago

    India's gross market borrowing seen at 7.04 trillion rupees in 2019-20: traders citing report

    NEW DELHI (Reuters) - India plans to borrow 7.04 trillion Indian rupees ($99.01 billion) during the year ending March 2020, traders said citing news agencies on Friday.

  • Should You Be Worried About Insider Transactions At ioneer Ltd (ASX:INR)?
    Simply Wall St.last month

    Should You Be Worried About Insider Transactions At ioneer Ltd (ASX:INR)?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices Read More...

  • India's soymeal sales to Iran surge to offset rupees-for-oil imbalance
    Reuterslast month

    India's soymeal sales to Iran surge to offset rupees-for-oil imbalance

    India's soymeal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid U.S. sanctions that have crimped the country's ability to import necessities. Iran has agreed to sell crude oil to India, the world's third-largest oil consumer, in exchange for rupees after sanctions imposed by the United States blocked its access to the global financial system.

  • Reuterslast month

    India's soymeal sales to Iran surge to offset rupees-for-oil imbalance

    India's soymeal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid U.S. sanctions that have crimped the country's ability to import necessities. Iran has agreed to sell crude oil to India, the world's third-largest oil consumer, in exchange for rupees after sanctions imposed by the United States blocked its access to the global financial system.

  • Rupee breaches 71 per dollar on 'chunky outflows'
    Reuterslast month

    Rupee breaches 71 per dollar on 'chunky outflows'

    Indian rupee weakened sharply on Tuesday on "chunky outflows" with no intervention seen by the Reserve Bank of India, traders said. "There have been chunky outflows for the last two days. "There is no intent visible from the RBI to defend any particular level," he added on any intervention noticed by the central bank through state banks to stem the sharp fall in the rupee.

  • Exclusive: India likely to overshoot fertiliser aid bill by 300 billion rupees, banks may chip in - sources
    Reuterslast month

    Exclusive: India likely to overshoot fertiliser aid bill by 300 billion rupees, banks may chip in - sources

    NEW DELHI/MUMBAI (Reuters) - India is likely to overshoot its fertiliser subsidy bill for this financial year by 300 billion rupees (£3.3 billion), three sources with direct knowledge of the matter said, and the government could tap state banks to fund the extra spending. Prime Minister Narendra Modi's government budgeted 700.8 billion rupees for fertiliser subsidies for the 2018/19 year ending March 31, but the sources said nearly half of the money was used to settle dues from the previous year. A rise in fertiliser prices overseas and a fall in the rupee currency also made imported fertilisers more expensive, lifting the total subsidy requirement for the year to 1 trillion rupees, the highest ever, the sources said.

  • Tata Consultancy Misses Estimates on Rupee, Employee Costs
    Bloomberglast month

    Tata Consultancy Misses Estimates on Rupee, Employee Costs

    Despite headwinds from a volatile Indian currency and higher costs in some major markets, operating margins were “resilient,” Chief Financial Officer V. Ramakrishnan said in a statement. TCS managed to lift earnings growth above 20 percent in the previous two quarters as well despite a challenging business environment. “After two consecutive strong quarters, margins appear softer because of currency fluctuations and higher-than-expected headcount,” said Sudheer Guntupalli, a Mumbai-based technology analyst at Ambit Capital Pvt.

  • Reuterslast month

    Exclusive: Indian refiners pay for Iranian oil in rupees - UCO Bank executive

    India has begun paying Iran for oil in rupees, a senior bank official said on Tuesday, the first such payments since the United States imposed new sanctions against Tehran in November. Washington gave a six-month waiver to eight countries, including India, allowing them to import some Iranian oil. India, the world's third biggest oil importer, wants to continue buying oil from Iran as it offers free shipping and an extended credit period, while Iran will use the rupee funds to mostly pay for imports from India.

  • ‘Too Early’ for Central Bank Digital Currency: India Shelves Plans for a Crypto Rupee
    CCNlast month

    ‘Too Early’ for Central Bank Digital Currency: India Shelves Plans for a Crypto Rupee

    Plans to issue a state-backed cryptocurrency in India have stalled, months after the country’s central bank gave indications that it was considering the idea. According to The Hindu Business Line, the government is no longer interested in the state-backed digital rupee. Citing a source, the report by the publication indicated that the idea of a

  • Reuterslast month

    EM ASIA FX-Most Asian units slip as dollar steadies; won, rupee top losers

    (Adds text, updates prices) By Aby Jose Koilparambil Jan 8 (Reuters) - Most Asian currencies inched down on Tuesday as the dollar steadied after three sessions of losses, helped by positive signals about ...

  • Reuterslast month

    India has more than adequate 2,000 rupee notes in system - official

    NEW DELHI (Reuters) - India has not yet decided on further printing of 2,000 rupee notes as there are more than adequate notes of this denomination in the system, Economic Affairs Secretary Subhash Chandra ...

  • Jet Needed Just One Rupee to Avert This Tailspin
    Bloomberglast month

    Jet Needed Just One Rupee to Avert This Tailspin

    Since even that modest goal has proven elusive, India’s longest-surviving private airline now needs bankers with spine to keep flying. It’s been clear for some time that Jet, falling behind even on pilots’ wages, was going to skip a debt payment soon. As a full-service carrier, India’s second-largest airline spends that much more per available seat kilometer than its bigger rival, IndiGo.

  • Reuters2 months ago

    India rice rates ease on falling rupee, demand; Thai harvest to augment supply

    Rice export prices in India eased from a four-month high this week due to a depreciation of the rupee and sluggish demand, while Thai traders expect prices to drop over the coming weeks as supplies start to arrive from the new season crop amid flat demand. India's 5 percent broken parboiled variety was quoted around $376-$383 per tonne this week, compared with $378-$384 last week. "Prices are moderating due to a weak rupee but still demand from African countries is weak," said an exporter based at Kakinada in the southern state of Andhra Pradesh.

  • Reuters2 months ago

    Banks likely to recover bad loans worth 700 billion rupees by March-end: Arun Jaitley

    India's Finance Minister Arun Jaitley said on Thursday commercial banks were likely to recover 700 billion rupees ($9.95 billion) of bad loans by the end of March, helped by resolution of 12 large cases. Some of the big cases such as Bhushan Power and Steel Ltd and Essar Steel India Ltd are in advanced stages of resolution, and are likely to be resolved in this financial year, Jaitley said in a blog post on Facebook.