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USD/INR - US Dollar Indian Rupee

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61.690 -0.200    (-0.32%)
21/11 - Closed. ( Disclaimer )
Type: Currency
Group: Exotic
Base: US Dollar
Second: Indian Rupee

  • Prev. Close: 61.890
  • Bid/Ask: 61.680 / 61.700
  • Day's Range: 61.550 - 61.931
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USD/INR 61.690 -0.200 (-0.32%)
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  24Option Anyoption Plus500 Markets XForex

USD/INR Interactive Chart

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USD/INR
 
 
 
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Latest USD/INR Comments

Jias Joseph
Jias Joseph Nov 21, 2014 09:41AM GMT
New Stop loss order placed for USDINR@ 61.64... Waiting for execution...
Smart Investor
Smart Investor Nov 21, 2014 11:52AM GMT
Ku Dos.. I guess 61.64 breached!!.
Jias Joseph
Jias Joseph Nov 21, 2014 05:13PM GMT
yes... But its off market time... so not executed, closing price is 61.74... Monday it may be executed...

Jias Joseph
Jias Joseph Nov 21, 2014 05:40AM GMT
Expecting a Friday Fall to add one more lot to my Short Position...
Smart Investor
Smart Investor Nov 21, 2014 05:59AM GMT
Can you share the info how to trade in forex.. i am interested..
Jias Joseph
Jias Joseph Nov 21, 2014 06:36AM GMT
Hi Smart. Select a broker accordingly to the type of currency you need to trade and submit docs and open a/c that's all... Ex: OANDA, GCI.etc. But it is very high risk trading not like NSE. Your a/c may blow out in a day also... So try demo first....
Smart Investor
Smart Investor Nov 21, 2014 10:25AM GMT
none of these is allowed in India legally!
Jias Joseph
Jias Joseph Nov 21, 2014 11:24AM GMT
then why they have company in India
Smart Investor
Smart Investor Nov 21, 2014 12:02PM GMT
guide me how to start... i am highly interested...
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Aloke Nandi
Aloke Nandi Nov 21, 2014 04:18AM GMT
Hi frnds Gud Mng..still running short usd/inr (nov) position taken at 61.79 on Nov 17 5.30 gmt...stop now still at at 62.45..target remains around 61.29..will add to shorts if 61.55 broken...saw some good dollar demand yesterday from PSU banks for the Iran payment of $400 mio (rumours reported by financial newspapers today also) ...but RBI selling around 62.21/24 stopped rupee slide...as I have mentioned in my earlier comments, medium term fundamentals still support rupee and if euro manage to survive above 1.25, we will see the rupee recovering too..(RBI dollar buying last week to stop rupee appreciation against euro and gbp really hurt some importers) as RBI is unlikely to buy dollars above 61.20 now..will revert ..likely to be a slow day...gud luck all
saurabh somvanshi
saurabh somvanshi Nov 21, 2014 04:52AM GMT
gud mornling Sir..i want to know how you decide what should be stop there for any position??
Aloke Nandi
Aloke Nandi Nov 21, 2014 05:43AM GMT
Hi Saurabh..primarily it is based on firstly your risk appetite and secondly on resistance/support...we saw rupee fall towards 62.25 but RBI came in and sold dollars at that levels, so the chances are that RBI will protect that level for a little more time..so the stop needs to be above 62.25...and i am sticking with this position because when the market realizes that RBI is likely to step in at the higher levels, dollar selling will become more profitable. and exporters will step in to take advantage of the high forward premiums..
saurabh somvanshi
saurabh somvanshi Nov 21, 2014 06:17AM GMT
OK sir.. i put stop what you mention..yesterday i did same but unfortunately i did not see that you modified your stop and put it on 62.45 and my stop was till 62.30 and it took all my positions on short $.. Aloke sir i have 1 request please when you modify stop..please write on main page not in someone's post sir ..please..i do not know what stop to put because i have no Idea where i can know RBI is selling $ and around what price ..thanks in advance sir
Aloke Nandi
Aloke Nandi Nov 21, 2014 06:47AM GMT
OOPS,,,sorry will do so in future!!
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