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USDINR

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    86.7362$
  • Previous Close
    86.8721$
  • 52 Week Change
    --
  • Day Range
    -0.14$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

USDINR.FOREX typically refers to the exchange rate between the US dollar (USD) and the Indian rupee (INR) in the foreign exchange (forex) market. It represents the price of one US dollar in terms of Indian rupees. This symbol is commonly used by online brokers and financial platforms to denote the trading pair, allowing traders to speculate on the movement of the USD/INR exchange rate. It's a specific instrument within the broader forex market, reflecting the relative value of these two currencies.
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Factors

Economic Growth: Stronger US growth can strengthen USD

Interest Rates: Higher US rates attract capital, boosting USD

Inflation: Higher US inflation can weaken USD long-term

RBI Policy: RBI intervention impacts INR value

Global Events: Geopolitical risk affects both currencies

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