Today's INR to USD Price Update

Summary

This report provides the real-time exchange rate between the Indian Rupee (INR) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Indian Rupee (INR) is the primary legal currency of India. The exchange rate between them reflects not only the market’s perception of currency value but also investor confidence in the economic stability and monetary policies of both nations.

Today’s Price

• 1 INR = 0.0111 USD
• 24h High: 0.011111 USD
• 24h Low: 0.011099 USD

Market Analysis

The INR/USD pair exhibits technical trading characteristics that warrant close monitoring by market participants.

• Technical levels: Key support levels identified at $89.50, $89.25, and $88.80, with resistance levels at $90.50, $91.00, and $91.50
• Trading signals: The pair shows mixed signals; technical indicators and chart patterns should be analyzed across multiple timeframes to confirm trend direction
• Trading opportunities: Monitor support and resistance zones for potential entry and exit points; news trading strategies may capture opportunities around economic data releases affecting both currencies

Conclusion

Continue to monitor the INR/USD pair closely, integrating technical analysis with market sentiment and economic indicators. Traders should focus on key support and resistance levels while remaining alert to macroeconomic developments that may impact currency valuations.