← Back to Global Currencies
Currency Profile · Managed Float · Prototype

🇮🇳 Indian Rupee (INR)

India · Central bank: Reserve Bank of India · Symbol: ₹

Risk: Low· 28/100
Issuing Economy — Live DataWorld Bank · IMF · OECD
Current Account / GDP
-1.5%
2028 · imf
FX Reserves
$700.1B
2025 · world_bank
GDP Growth
+6.5%
2028 · imf
CPI Inflation
4.0%
2028 · imf

Exchange Rate Overview Prototype — FX feed not connected

INR per 1 USD
83.42
-0.08%Today (Mock)
5Y range: 70.5 – 83.9
Volatility: Low
1D
-0.08%
1W
-0.18%
1M
-0.25%
YTD
-0.45%
1Y
-0.90%
5Y range
70.5 – 83.9

Currency Chart

1D1W1M3MYTD1Y5Y
Mock illustrative series. Not investment advice.

Main Currency Drivers

Interest-rate differential
Positive vs USD
Repo at 6.50% supports carry.
Inflation
5.1% CPI
Above 4% target but within band.
Trade balance
Goods deficit
Partly offset by services and remittances.
Capital flows
Strong portfolio inflows
Index inclusion attracts bond flows.
Commodity exposure
Oil importer
Sensitive to Brent shocks.
Political risk
Low–Moderate
Policy continuity post-election.
Central-bank credibility
High
Active FX-management track record.
Foreign reserves
$650B+
Strong buffer vs external shocks.

Central Bank Policy

Open central bank
Current Rate
6.50%
Previous
6.50%
Last Decision
Held repo; withdrawal of accommodation
Next Meeting
In ~30 days
Inflation Target
4.0% ±2.0%
Current Inflation
5.1%
Stance
On Hold
Guidance
Disinflation glide-path; vigilant on food prices.

Reserve Position

FX Reserves
$650B
Months of Imports
~11 months
Reserve Trend
Rising
External Debt
~19% of GDP
Current Account
-1.0% of GDP
Reserve Adequacy
High

Trade Exposure

Main Export Currencies
USDEURAED
Main Import Currencies
USDCNYAEDSAR
Main Trade Partners
United StatesChinaUAESaudi ArabiaSingapore
Commodity sensitivity: High (energy and gold imports).
Currency exposure by sector
  • IT Services: USD revenue benefits from weaker INR.
  • Refiners: Oil-import costs sensitive to INR.
  • Jewellery: Gold price in INR drives demand.

Market Reaction · Economic Intelligence Event

RBI policy decision
Open analysis
Currency reaction
INR flat
Bond reaction
10Y G-Sec -2 bp
Equity reaction
Nifty 50 -0.20%
Main affected sectors: Banks · NBFCs · IT Services
Confidence: High

Historical Currency Trend (12 months)

  1. RBI holds repo
    -11M · Rate Decision
    Impact: INR stable
  2. Food inflation spikes
    -9M · Inflation Surprise
    Impact: INR -0.2%
  3. Election result
    -7M · Political Event
    Impact: INR -0.3%
  4. RBI holds repo; hawkish hold
    -5M · Rate Decision
    Impact: INR flat
  5. RBI smooths spot moves
    -3M · Intervention
    Impact: Volatility falls
  6. Sovereign outlook revised positive
    -1M · Rating Action
    Impact: INR +0.1%

AI-Assisted Currency Assessment

AI-Assisted · Not Investment Advice
Main positive driver
Strong reserves and growth differential.
Main negative driver
Oil-import bill and structural goods deficit.
Main upcoming event
Next RBI policy meeting and CPI print.
Main risk
Oil-price spike or sharp risk-off episode.
Main uncertainty
Magnitude of RBI tolerance for appreciation.
Confidence
High