About Indian Rupee

 
The Indian Rupee, denoted by the currency code INR in the forex market and the symbol ₹, is one of the most popular emerging market currencies traded in the forex market. The INR is the 20th most popular currency among forex traders and offers interesting opportunities to generate profits in times of high volatility in markets. India is one of the fastest growing economies in the world, and as a result, the value of the INR experiences considerable volatility, especially fluctuating in keeping with the market sentiment.

Keep in mind that the INR weakens when markets trade with a risk-off sentiment, which drives investors away from riskier, more volatile instruments and towards safe haven assets like gold and currencies like the USD, JPY and CHF. On the other hand, a risk-on sentiment boosts the appeal of the Indian Rupee and other similar emerging market currencies, making it an exciting time to look for trade opportunities in these currency pairs.

In the section below, you will find a list of live rates of leading INR-related currency pairs traded in the forex market, including USD/INR, EUR/INR, GBP/INR and JPY/INR. The live rates of the forex pairs get updated every five seconds, giving you real-time information you need before coming up with your trade plan. All the rates listed below offer the most up to date price today of leading currencies against the Indian Rupee.

Make sure you keep a check on today’s rate for INR-related forex pairs, especially during the release of important economic events from India, including GDP, inflation, current account, foreign exchange reserves, unemployment rate, industrial production and even PMI readings from the manufacturing and services sectors. The price today for the currency pairs listed below also need to be monitored whenever India’s central bank – the Reserve Bank of India (RBI), publishes its monetary policy and interest rate decisions, as it can cause significant fluctuations in the value of the Indian Rupee.