Early morning in Mumbai, traders watched their screens closely. Numbers flickered, charts moved, and the Indian Rupee (INR) stayed steady against major currencies. The IFD data today showed INR exchange rate trends against USD, EURO, Bangladeshi Taka (TAKA), Pakistani Rupee (PKR), and Russian Ruble (RUB). Markets looked quiet, but the tone was cautious. Small movements matter in currency trading; they always do. For more updates onย Todayโs Gold rateย andย Todayโs currency exchange rates, visitย India Focus Daily News.
Currency Exchange Rate Today of INR (India) Compare with USD, EURO, TAKA, PAKISTANI RS, RUBAL
| Currency | Country | 1 INR Equals | Movement |
| USD | United States | 0.0120 | Stable |
| EURO | European Union | 0.0112 | Slight Drop |
| TAKA | Bangladesh | 1.47 | Mild Rise |
| PKR | Pakistan | 3.01 | Small Gain |
| RUB | Russia | 1.09 | Flat |
Morning trade felt slow, maybe because oil prices were steady. The rupee stayed near 83.20 per dollar. Dealers said RBIโs presence kept things calm. A few exporters booked small deals; importers waited for cues. Some banks mentioned demand for dollars was not too high. The mood felt neutral, but alert.
INR vs USD
The Indian Rupee stayed firm against the US Dollar. Oil prices above $90 didnโt shake the market much. Traders said RBI likely stepped in silently to stop any quick moves. Many banks kept buying orders low. Itโs one of those days when the market just breathes.
INR vs EURO
The Euro slipped again as Europe dealt with slower inflation data. INR showed a tiny edge. Exporters in Mumbai said payment cycles were steady, though not aggressive. The euro-INR pair hovered in a small pocket, almost like waiting for news that never came.
INR vs Bangladeshi Taka (TAKA)
The rupee gained a bit against the Bangladeshi Taka. Border trade around Assam and West Bengal picked up with festival demand. Currency dealers reported more Taka coming in through remittances. Small stories like this keep the market alive. Feels local, yet global at the same time.
INR vs Pakistani Rupee (PKR)
A small rise against the Pakistani Rupee was noticed. PKR faced pressure due to higher import bills in Pakistan. Traders along the border confirmed better INR liquidity. Itโs one of those practical realities of trade โ when one side slows, the other feels lighter.
INR vs Russian Ruble (RUB)
No big movement in the Ruble pair. Oil trade settlements between India and Russia kept the rupee stable. Since payments flow through special accounts, both sides seemed content with current levels. One trader joked itโs โthe quietest pair in the room.โ
Domestic Market Factors
Inflation stayed within comfort range. Stock markets opened mixed but stable. A few investors looked toward the next policy update. For now, currency desks saw no panic. Feels like the systemโs breathing easy, even when global headlines sound tense.
Some foreign funds bought Indian equities again. A few large orders came through tech and banking stocks. Thatโs usually a good sign for the rupee. When foreign investors stay active, the currency feels supported. Itโs simple market math, no mystery there.
RBIโs Observation
Dealers said RBIโs hand was visible but soft. No direct moves, just quiet observation. The central bank doesnโt like surprises, and it shows. Itโs like someone watching the tide instead of swimming against it.
The dollar index held near 106. Asian currencies stayed mixed. Traders compared the rupeeโs behavior with the yen and won โ not much difference today. Everyoneโs waiting for the US economic data later this week. One wrong number, and everything could shift.
Short-Term Outlook
The rupee may stay between 83.00 to 83.35 over the next few sessions. Analysts expect calm trading unless crude prices spike again. Exporters might book small forward deals. Nothing dramatic, but steady movement builds confidence โ bit by bit.
The Indian Rupee ended the day quietly, but not weak. It stood firm against most major currencies. The IFD report reflected balanced flows, stable oil demand, and measured investor sentiment. If global markets behave, INR might just finish the week steady. Sometimes, steady feels like victory.
FAQs
1. What is the INR rate against USD today?
The INR traded near 83.20 against the US Dollar in todayโs IFD update.
2. How did the rupee perform against the Euro?
It gained slightly as the Euro softened due to weaker European data.
3. Is the INR stable against regional currencies?
Yes, the rupee showed mild gains against both Taka and Pakistani Rupee.
4. What supports INR stability now?
RBIโs monitoring, low inflation, and consistent foreign fund inflows.
5. Will INR fluctuate this week?
Minor moves are expected, mainly if oil or global markets shift suddenly.


