US Dollar / Indian Rupee · Exotic · live quote updated every 5 seconds
USD/INR is the US dollar against the Indian rupee, the currency of one of the world's fastest-growing large economies and one of the most traded emerging-market pairs. The rupee is only partly convertible and the Reserve Bank of India actively smooths its moves, buying and selling dollars to curb volatility, so the pair tends to grind in one direction with occasional sharp steps rather than swinging freely. Drivers include oil prices, since India imports most of its crude, foreign portfolio flows into Indian equities and bonds, RBI policy and inflation, and the broad dollar trend. Much of the volume trades in the onshore market during Indian hours, with an offshore non-deliverable market around it. On ForexR you can follow the live USD/INR rate, use daily pivot points, gauge the usually narrow range with ATR and confirm trend on the multi-timeframe chart. When you are ready to trade it, compare regulated brokers that list the pair.
Oil prices, foreign investment flows into Indian stocks and bonds, RBI policy and inflation, US yields and the broad dollar. RBI intervention often caps day-to-day volatility.
The Reserve Bank of India intervenes to limit volatility, so the pair can hold a tight range for weeks and then adjust quickly when pressure builds or policy shifts.
Indian onshore hours, roughly 03:30-11:30 UTC, when spot liquidity is deepest. Offshore trading continues around the clock but with wider spreads.
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