The Indian rupee stayed on the defensive for much of the week and nursed modest losses on Friday as likely foreign portfolio outflows added to pressure from rolling tariff threats from the White House.

Indian rupee gains against U.S. dollar on trade deal optimism, supported by U.S.-India talks, despite negative equity markets.

Claudio Piron, Head of Asia FX/ Rates Strategy at BofA Global Research, shares his outlook for the Indian rupee. He adds that Asia is currently undergoing a "normalization" of the U.S. dollar, as opposed to completely engaging in de-dollarization.

The Indian rupee ticked up on Thursday, tracking regional peers higher, as a fresh round of tariff threats from the White House did little to move the needle for markets with traders expecting the local unit to stick to its familiar range in the near-term.

Convert Indian Rupee To United States Dollar 1 INR = 0.011661 USD Jul 11, 2025 03:16 UTC Check the currency rates against all the world currencies here.

Forex traders said the Indian rupee ended the day in green against the US dollar amid firm expectations that India and the US will reach a deal soon.

Indian rupee opens higher on calm Asian markets despite Trump's tariff threats, with potential trade deal with India.

The Indian Rupee (INR) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of 22:00 Sunday through 21:00 Friday GMT.

The Indian rupee weakened on Thursday on the back of dollar bids from foreign banks and a broadly stronger greenback, after U.S. President Donald Trump continued to up the ante on tariffs by announcing a 35% levy on Canadian imports starting August 1.