Tuesday, September 28, 2021


US Dollar (USD) v/s Indian Rupees (INR)
USD 1 buys 74.20 INR

Index (Click on tabs to view details)

Currency Dashboard & Past Week

The US Dollar has increased 40.07 Indian Paisa (or 0.5%) from its last trading session of September 27, 2021 to close at Rs74.20, ending a two-day streak of losses.

Currency Dashboard


Trading CountryUSD: United States Of AmericaTrading CountryINR: India
28 Sep, Close USD/INR 74.199828 Sep, Close INR/USD 0.0135
1-day change (%)USD up 0.543%1-day change (%)INR down 0.2954%
YTD change (%)USD up 1.6%YTD change (%)INR down 1.4%
Relative Strength (6 mo)78.4Relative Strength (6 mo)22.7


+    The USD is up 0.6% against the INR in the past week.
+    The exchange rate ranged between a low of 73.799 on Monday, Sep 27 and a high of 74.1998 on Tuesday, Sep 28.
DayUS DollarClose (INR)Change %Comment
WednesdayRises for a second consecutive day, a two-day rise of 0.2% vs the Indian Rupee (INR)73.83490.1Rises for a second consecutive day
ThursdayRises for a third consecutive day, a three-day rise of 0.3% vs the Indian Rupee (INR)73.84880.02Rises for a third consecutive day
FridayDecreases vs the Indian Rupee (INR)73.8236-0.03Steepest Fall
MondayFalls for a second consecutive day, a two-day fall of 0.1% vs the Indian Rupee (INR)73.799-0.03Week-low of 73.799
TuesdayIncreases 0.5% vs the Indian Rupee (INR)74.19980.5Week-high of 74.1998 Top Rise

Business News Round up

Other Publishers

News DateHeadlinePublisher
Sep 28, 2021USD/INR Price News Indian rupee 74 target remains elusiveFXSTREET.COM
Sep 27, 2021USD/INR Price News Rupee bulls look to 73.50 as India¿¿¿s active covid cases print six-month lowFXSTREET.COM
Sep 27, 2021USD/INR Rupee Rises As The Market Mood ImprovesCURRENCYLIVE.COM
Sep 23, 2021USD/INR Price News Indian rupee recovers from key support below 74.00 ahead of US PMIFXSTREET.COM
Sep 22, 2021USD/INR Price News Indian rupee revisits sub-74.00 zone, off monthly low ahead of FedFXSTREET.COM
Sep 21, 2021USD/INR Price News The Indian rupee remains trapped, W-formation formedFXSTREET.COM



Ongoing Bearish Parameters

Annualised Period-based Total Shareholder Returns [TSR %]: The Worst Periods with TSR < 5%

TSR %3 yrs5 yrs10 yrs20 yrs
USD.CURR0.72.24.92.2



Present Value of Rs1000 Invested in the Past [3 Mo, 1 Yr]; The Worst Periods with PVRs1000 < 1,000

PVRs1,0003 mo ago1 yr ago
USD/INRRs999Rs994



Past quarter: price fall of 0.1%

Change %Quarter
USD/INR-0.1



Today's Bullish Signals

Uptrend of USD vs INR

Positive MACD:
- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 73.78 minus the 26-day EMA of 73.76 is positive, suggesting a bullish signal. Both the 12-day EMA as well as the 26-day EMA are rising, another bullish signal.

Relative Strength (6 months) 78 percentile:
- The USD/INR has a 6-month relative strength of 78 in the Currency market of 1,997 currencies indicating it has outperformed 78% of the global currency market.


Ongoing Bullish Parameters

Rank in the top 20% in the Currency Pairs market

DescriptionValueRank
1-month Price Change %1.2In Top 15%
1-week Price Change %0.6In Top 20%



Present Value of Rs1000 Invested in the Past 3 Years; The Best Period with PVRs1000 > 1,021

PVRs1,0003 yrs ago
USD/INRRs1,022



The Best Periods [1 Yr, 3 Yrs] with Change % > 0.5

Change %Year3 Years
USD/INR0.62.2



Currency Crossrates

Currency Crossrates Today's Snapshot for USD

USD1=111.4622JPYJapanRises for a fifth consecutive day, a five-day rise of 2.1% vs the Japanese Yen (JPY)
USD1=1,187.8847KRWSouth KoreaIncreases 0.8% vs the South-Korean Won (KRW)
USD1=20.3447MXNMexicoIncreases 1.2% vs the Mexican Peso (MXN)
USD1=1.3574SGDSingaporeRises for a third consecutive day, a three-day rise of 0.7% vs the Singapore dollar (SGD)
USD1=1.4374NZDNew ZealandIncreases 0.8% vs the New Zealand Dollar (NZD)
USD1=0.8558EUREuropean UnionRises for a third consecutive day, a three-day rise of 0.5% vs the Euro (EUR)
USD1=8.6527NOKNorwayIncreases 0.6% vs the Norwegian Kroner (NOK)
USD1=0.9292CHFSwitzerlandRises for a third consecutive day, a three-day rise of 0.5% vs the Swiss Franc (CHF)
USD1=8.7295SEKSwedenRises for a third consecutive day, a three-day rise of 1.2% vs the Swedish Krona (SEK)
USD1=1.3815AUDAustraliaIncreases vs the Australian Dollar (AUD)
USD1=0.7385GBPUnited KingdomIncreases 1.2% vs the British Pound (GBP)
USD1=1.2676CADCanadaIncreases vs the Canadian Dollar (CAD)
USD1=6.4597CNYChinaIncreases vs the Chinese Yuan Renminbi (CNY)
USD1=7.7829HKDHong KongFalls for a second consecutive day, a two-day fall of 0.04% vs the Hong Kong dollar (HKD)



Currency Crossrates Today's Snapshot for INR

INR1=0.0135USDUnited States Of AmericaDecreases vs the US Dollar (USD)
INR1=0.0125CHFSwitzerlandDecreases vs the Swiss Franc (CHF)
INR1=0.1179SEKSwedenRises for a second consecutive day, a two-day rise of 0.7% vs the Swedish Krona (SEK)
INR1=0.0171CADCanadaDecreases vs the Canadian Dollar (CAD)
INR1=0.0099GBPUnited KingdomIncreases vs the British Pound (GBP)
INR1=0.0116EUREuropean UnionDecreases vs the Euro (EUR)
INR1=0.1051HKDHong KongDecreases vs the Hong Kong dollar (HKD)
INR1=0.0186AUDAustraliaFalls for a second consecutive day, a two-day fall of 0.3% vs the Australian Dollar (AUD)
INR1=0.1166NOKNorwayIncreases vs the Norwegian Kroner (NOK)
INR1=16.0126KRWSouth KoreaRises for a third consecutive day, a three-day rise of 0.6% vs the South-Korean Won (KRW)
INR1=0.273MXNMexicoIncreases vs the Mexican Peso (MXN)
INR1=0.0183SGDSingaporeDecreases vs the Singapore dollar (SGD)
INR1=0.0872CNYChinaFalls for a second consecutive day, a two-day fall of 0.5% vs the Chinese Yuan Renminbi (CNY)
INR1=1.5029JPYJapanRises in 4 out of last 5 days vs the Japanese Yen (JPY)
INR1=0.0194NZDNew ZealandRises for a third consecutive day, a three-day rise of 0.7% vs the New Zealand Dollar (NZD)



Period-Based % Change

% Change of USD vs Currency Basket Period-Based

LastCountry1-day %1-week %1-Year %3-Yrs %
USD1=1.0USDUnited States Of America0.0---
USD1=6.46CNYChina--0.1-5.2-6.2
USD1=111.462JPYJapan0.42.15.7-1.7
USD1=0.856EUREuropean Union0.10.4-0.1-0.4
USD1=1,187.885KRWSouth Korea0.80.21.76.7
USD1=1.357SGDSingapore0.30.4-1.1-0.8
USD1=1.437NZDNew Zealand0.80.7-5.8-5.0
USD1=0.739GBPUnited Kingdom1.20.9-5.2-3.4
USD1=1.381AUDAustralia0.2-0.2-2.3-0.4
USD1=7.783HKDHong Kong--0.10.4-0.4
USD1=0.929CHFSwitzerland0.40.60.5-4.9
USD1=1.268CADCanada0.4-1.1-5.3-2.8
USD1=8.73SEKSweden0.30.5-3.4-1.4
USD1=8.653NOKNorway0.6-0.3-8.76.1
USD1=20.345MXNMexico1.21.0-9.28.2



% Change of INR vs Currency Basket Period-Based

In the past year the Indian Rupee fell 0.4% against the US Dollar; in the past three years the Indian Rupee fell 2.0% against the US Dollar.

LastCountry1-day %1-week %1-Year %3-Yrs %
INR1=0.014USDUnited States Of America-0.3-0.6-0.4-2.0
INR1=0.087CNYChina-0.4-0.7-5.7-8.1
INR1=1.503JPYJapan-1.05.2-3.8
INR1=0.012EUREuropean Union-0.1-0.1-0.7-2.1
INR1=16.013KRWSouth Korea0.2-0.40.84.5
INR1=0.018SGDSingapore-0.1-0.1-1.8-2.7
INR1=0.019NZDNew Zealand0.30.6-6.4-6.8
INR1=0.01GBPUnited Kingdom0.1-0.3-6.2-5.9
INR1=0.019AUDAustralia-0.2-0.2-3.3-2.5
INR1=0.105HKDHong Kong-0.3-0.6--2.4
INR1=0.013CHFSwitzerland-0.2-0.3-0.3-7.0
INR1=0.017CADCanada-0.3-1.4-5.9-4.9
INR1=0.118SEKSweden0.20.2-4.3-3.0
INR1=0.117NOKNorway0.4-0.9-10.03.8
INR1=0.273MXNMexico0.30.1-10.05.5



Historical Perspective

Year-on-Year Comparison USD/INR (Trailing year - ended 28 Sep)

In the past 5 years, the USD/INR has jumped 11.9% from 66.33 to 74.2, an average compound annual appreciation of the USD by 2.3%.
202120202019201820172016
Close74.273.7770.6172.5265.4266.33
% Change0.64.5-2.610.9-1.47.8


USD1 buys INR 74.2 today: Appreciation of USD from 35.73 v/s INR twenty five years ago
Last5 Yrs ago10 Yrs ago15 Yrs ago20 Yrs ago25 Yrs ago
USD/INR74.266.4345.8645.7747.7835.73


Present Value of Rs1000 Invested in USD 20 years ago is Rs1,553
PVRs1,0005 yrs ago10 yrs ago20 yrs ago
USD/INRRs1,117Rs1,618Rs1,553



Macroeconomic Indicators

INDICATORUNITED STATES[USD]INDIA[INR]
GDP (Billion USD)21,4332,869
GDP growth yoy (%)-2.40.4
Interest rate (%)0.254.0
Inflation rate (%)1.44.06
Unemployment rate (%)6.36.5
Budget / (Deficit) to GDP ratio (%)(4.6)(9.5)
Current account / (Deficit) to GDP ratio (%)(2.3)(0.9)
Debt to GDP ratio (%)107.669.62



Credit Rating Summary: INDIA

Rating AgencyLong TermForeign CurrencyDescription
Moody'sBaa2
S&PBBB-Considered lowest investment grade by market participants. The minus (-) sign shows relative standing within the major rating category.
FITCHBBB-Good credit quality: 'BBB' ratings indicate that expectations of default risk are currently low. The minus (-) sign shows relative standing within the major rating category.
DAGONGBBBMedium Credit Quality: "BBB" ratings indicate that expectations of default risk are currently low and it has BBB medium default risk. In normal conditions, the capacity for payment of financial commitments is considered adequate, whereas under adverse business or economic conditions risks of default are more likely to exist under this scale.

UNITED STATES
Rating AgencyLong TermForeign CurrencyDescription
MOODYAaa
S&PAA+Very strong capacity to meet financial commitments. The plus (+) sign shows relative standing within the major rating category.
FITCHAAA Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGA-High Credit Quality: "A" ratings denote expectations of relatively low default risk. The capacity for payment of financial commitments is considered sufficient. However, this capacity may be more vulnerable than those of the higher ratings to adverse business or economic conditions due to any foreseeable event. The minus (-) sign shows relative standing within the major rating category.




Source: www.BuySellSignals.com