Free live real-time daily and intraday INR to USD price charts for trading.
For weekly & monthly charts go to Long-term Historical INR/USD Charts.
INR/USD Chart – Daily Candlesticks
INR/USD Intraday Chart – 4 Hour Candlesticks
INR/USD Intraday Chart – 1 Hour Candlesticks
INR/USD Information for Forex Traders
Note: In India, Foreign Exchange or Forex trading is not allowed!
What is the INR/USD?
The Indian Rupee is the official national currency of India. The currency code for Indian Rupees is INR and the currency symbol is ₹. One rupee is divided into 100 paise.
The U.S. Dollar is the official national currency of the United States of America (USA). The currency code for U.S. Dollars is USD and the currency symbol is $, often used as US$ to differentiate from more than 20 other dollar currencies, e.g. Austalian dollar (AU$), Canadian dollar (CA$).
The INR/USD or Indian Rupee/U.S. Dollar Forex pair tells you how many U.S. Dollars you need to buy one Indian Rupee. It is the INR to USD exchange rate.
The INR/USD is an important currency pair because India (INR) and the United States (USD) are two big economies that import/export a lot to each other.
The U.S. Dollar is globally the most traded and widely held currency.
What key factors affect the INR/USD rate?
Central Banks & Interest Rates
Probably the most important factor that influences the INR/USD price is the difference in interest rate between the Indian Rupee and U.S. Dollar. Therefore, traders follow closely all actions of the Reserve Bank of India (RBI) and the U.S. Federal Reserve (FED). It is important to know what these central banks are saying (meetings, press conferences, speeches) and doing (interest rates, interventions in the market).
Economic News & Reports
Another important factor to consider for traders is all economic news and reports of both economies, e.g. gross domestic product (GDP), economic growth, inflation, employment numbers, trade balance, retail sales, sentiment surveys…
- Good economic news from India will tend to make then INR/USD stronger and vice versa.
- Good economic news from the United States will tend to make the INR/USD weaker (because the USD becomes stronger) and vice versa.
Politics
Any political issue in India or the United States can affect the INR/USD pair.
More Rupee Information
- Indian Rupee from Wikipedia.org for general information (history, coins, banknotes, exchange rates, etc.).
- U.S. Federal Reserve: also with a lot of useful information, e.g. the Federal Open Market Committee (FOMC) calendar, statements, and minutes.
- Forex.com is the global market leader for currency markets
- Forex Factory with information for professional currency traders, e.g. forums, news, forex calendar,…