Exchange: FX·Updated 03:23 PM EST

USDINR US Dollar/Indian Rupee

$94.03
$0.4739
(0.50%)
Today
50

Neutral Sentiment

How do you feel about USDINR?

BigBreakingWire
$USDINR The GOP is on track to lose nearly 700 state legislative seats. This loss would be worse than the state-level defeats the party suffered during both of Obama's midterm elections, a setback it only recovered from this year. $SPY $QQQ $BTC.X $USDJPY
1
THE5ERS
Can the RBI Win Its Battle to Defend the Rupee? INR rebounded 82 paise to 94.96 vs USD after RBI action. Was near a record low of 96.96. New 20% forex risk reserve on derivatives. Position limits slashed to $5M. Special dollar window for oil companies (last used 2013). Banks paused interbank forwards to assess rules. Elevated oil and a firm dollar forced the move. Pharma exporters and importers face higher hedging costs. The question is whether this stabilizes flows or just buys time. #Rupee #RBI #INR #Forex $USDINR

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