About the rupie indiană to dolar american exchange rate
The INR/USD pair shows how many dolar american (USD) one rupie indiană (INR) 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.
INR/USD is quoted as USD per one INR. At 0,0104, 1 INR equals 0,0104 USD and 1 USD equals 96,315 INR. The inverse pair is USD/INR.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the rupie indiană and dolar american areas. Treasury teams, investors and travelers use INR/USD to convert prices, hedge FX risk and compare returns.
How INR/USD is quoted
In INR/USD, INR is the base currency and USD is the quote currency: the price is how many dolar american buy one rupie indiană. A rise in INR/USD means rupie indiană strengthened against dolar american; a fall means rupie indiană weakened.
What drives the rupie indiană to dolar american rate
The INR/USD rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the rupie indiană and dolar american economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.