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Currencies
US Dollar / Indian Rupee · India
85.4100
down −0.14%
30 sessionsas of last close · delayed prototype data
Not in your book yet.
Why it's moving

Rupee firmed a touch on the softer dollar and steady RBI hand — small move, but it's the swing factor for India's IT exporters.

What's moved it
  1. Today−0.14%

    Softer dollar globally; RBI seen comfortable here.

  2. Mon+0.20%

    Oil-importer dollar demand nudged it up.

  3. 3 wks ago−0.31%

    Strong equity inflows supported the rupee.

Is this move normal?

A −0.14% day is a whisper.

The RBI keeps the rupee on a short leash; >0.4% in a day is when something real happened.

calmer daysbigger days
↺ The memory — when this happens

When the rupee weakens hard, do Indian IT stocks actually fall?

The opposite, usually. A weaker rupee is a tailwind for IT exporters who bill in dollars — Nifty IT rose in most sessions after sharp rupee slides. The panic and the base rate point in different directions here.

Nifty IT, next session:
up (6/8) down (2/8)
FXmanagedIndia

Illustrative prototype data. Boredfolio explains moves and lets you practise with fake money; it does not recommend trades, and it will never tell you to buy or sell. Nothing here is investment advice.