Back to Markets

USD/INR

IndiaRBI ReferenceINR per USDUpdated Jul 22, 2026
95.12Negative
1M
-1.66%
3M
-0.85%
6M
-1.15%
1Y
-0.14%

Market view

Score 30/100
Moderately Bearish75% confidenceDownward

USD/INR remains soft, with a downward price trend of moderate conviction and weakening momentum. Prices are trading at 14% of the 30-day range and recent news flow is balanced. Volatility is contained, so moves are more likely to persist than reverse abruptly.

Price signal · downwardMomentum · weakeningEvent signal · balancedVolatility · Low

Weekly

Change-0.96%
TrendNegative
VolatilityLow volatility

Monthly

30-day change-1.66%
Trend strengthmoderate momentum
Range position14% of 30D range

Event signal

4 linked
Upward2
Downward2
Neutral / mixed0

Key drivers

4 tracked
Currency
BearishMedium
Demand
NeutralLow
Policy
BullishLow
Supply
NeutralLow
Open driver analysis →

Latest news

4 shown
US dollar softens on cooler CPI print
Jul 18, 2026 · Currency · Bloomberg · 2 sources

Core services inflation eases, weighing on DXY.

RBI intervenes to slow rupee slide
Jul 16, 2026 · Currency · Bloomberg · 2 sources

Public-sector banks seen selling dollars near record lows on USD/INR.

OPEC+ signals continued output restraint
Jul 15, 2026 · Policy · Reuters · 2 sources

Ministerial statement reiterates voluntary cuts through year-end.

Fed minutes lean hawkish
Jul 11, 2026 · Currency · Fed · 2 sources

Members flagged sticky services inflation, supporting the dollar.

Market view combines price signal (-1.7% over 1M), momentum, event signal and driver signals. It is not generated from free-form text.