About the US Dollar to Indian Rupee exchange rate
The USD/INR pair shows how many Indian Rupee (INR) one US Dollar (USD) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
USD/INR is quoted as INR per one USD. At 96.315, 1 USD equals 96.315 INR and 1 INR equals 0.0104 USD. The inverse pair is INR/USD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the US Dollar and Indian Rupee areas. Treasury teams, investors and travelers use USD/INR to convert prices, hedge FX risk and compare returns.
How USD/INR is quoted
In USD/INR, USD is the base currency and INR is the quote currency: the price is how many Indian Rupee buy one US Dollar. A rise in USD/INR means US Dollar strengthened against Indian Rupee; a fall means US Dollar weakened.
What drives the US Dollar to Indian Rupee rate
The USD/INR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the US Dollar and Indian Rupee economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.