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Indian Rupee to US Dollar (INR/USD) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: September 9, 2024 (4:17)
Reverse forecast: USD to INR
Indian Rupee / US Dollar price online today
Now | Tomorrow | 7 Days | 30 Days | |
---|---|---|---|---|
100 Indian Rupee (INR) to US Dollar (USD) | 1.2 | 1.2 | 1.2 | |
200 Indian Rupee (INR) to US Dollar (USD) | 2.4 | 2.4 | 2.4 | |
500 Indian Rupee (INR) to US Dollar (USD) | 5.9 | 5.9 | 5.9 | |
1000 Indian Rupee (INR) to US Dollar (USD) | 11.9 | 11.9 | 11.9 | |
3000 Indian Rupee (INR) to US Dollar (USD) | 35.7 | 35.6 | 35.6 |
How much will the INR/USD currency pair cost in 2024, 2025 and 2026? What is the forecast for the INR/USD currency pair? What is the target price of the Indian Rupee / US Dollar currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Indian Rupee rise or fall against the US Dollar?
Identifying the trend of the INR/USD currency pair
The ongoing fluctuation in the INRUSD exchange rate reflects a complex interplay of global market dynamics and domestic economic pressures. News of the Reserve Bank of India's strategic interventions has helped maintain the rupee just below critical levels, even as depreciative pressures linger. The relative strength of the US dollar, often impacted by shifts in investor confidence, remains a balancing factor as the global economic sentiment remains cautious.
Globally, events such as anticipated adjustments in Fed rates and emerging market sentiments around the US jobs data influence trading behaviors. Meanwhile, INR's marginal gains from easing crude oil prices underscore opportunities for emerging markets, albeit cautiously, amid a relatively weakening dollar globally. However, challenges persist with potential capital outflows and Indian economic vulnerabilities being debated across financial circles.
Looking ahead, investors are advised to stay vigilant regarding upcoming US economic indicators and regional geopolitical developments. The INR might see continued volatility, especially if external market weaknesses amplify. While a neutral sentiment prevails, unexpected shifts in US policies or Indian market interventions could sway currency valuations, offering cautious optimism for strategic positioning in forex portfolios.
Historical and forecast chart of the Indian Rupee/US Dollar currency pair
The chart below shows the historical quotes of the INR/USD pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Indian Rupee/US Dollar rate can be found in the table below.
Long-term forecasts by years.
INR Trend Prediction
As of now, Panda has analyzed 13 news pieces concerning the INR currency. The average relevance score for these news items is 0.28 (with the closer to 1 being more relevant).(the closer to 1, the stronger its impact on the trend).
INR Edges Slightly Up as US Dollar Weakens Globally
Rupee Nears 84 Mark Against Dollar, Hits Record Low Close at 83.99
INR Gains Due to Weakening of US Dollar and Lower Crude Oil Prices
INR Slightly Strengthens After Surpassing 84 Against the US Dollar
Rupee Strengthens by 4 Paise to 83.97 Against the US Dollar in Early Trading
Rupee Strengthened by Anticipated Fed Rate Cut and Assertive RBI Measures
Rupee Faces Pressure but Avoids 84 Mark Due to RBI Intervention
Rupee Reaches Record Lows Amidst Global Economic Pressures and RBI Intervention
INR Falls Below 84/$ Due to Declining Stock Markets
INR Edges Close to the 84 Mark Against USD
INR Weakens as US Dollar Gains Strength
WazirX Hacker Transfers $6.5 Million ETH to Tornado Cash Amid Growing Concerns
WazirX Breach Results in $6M ETH Transferred to Tornado Cash
USD Trend Forecasting
Regarding the USD currency, 38 news pieces were analyzed. The average relevance of these news items is 0.34 (the closer to 1, the higher).(the closer to 1, the stronger its impact on the trend).
INR Closes Marginally Lower on Range Bound Day
Mixed Asia and Advancing European Markets Amid Crude Concerns and Dollar Strength
Saudi Arabia Considers Petroyuan as it Strengthens Ties with China
Chinese Market Falls Due to Lower Inflation Expectations
Leading Crypto Analyst Dismisses Imminent Big Bitcoin Crash Concerns
Asian Stocks Decline Following Wall Street's Major Downturn
Slight Increase in US Dollar Index Speculative Longs
Unwinding the Yen Carry Trade May Trigger Fresh Market Volatility, Currency Strategist Warns
Rupee Stable Amidst Anticipated RBI Actions; Asian Currencies Decline
Conflict Concerns Arouse Over Trump's Crypto Initiative Amid Potential White House Return
Opinion | Steadfast Investor Confidence in Gold Amid Global Instability
U.S. Jobs Report Disappoints, Spark Concerns Over Labor Market Softness, Affecting Nasdaq 100 and USD
Tether Allocates $100M to Agriculture Amid Intensifying Stablecoin Rivalry
Yen Stablecoins Set to Rise with Japanese Market Growth, Says Ripple CEO
Trump Vows 100% Tariff on Nations Abandoning the Dollar
Opinion | Global Finance Reform: Time for Fair Play or Exit
Bitcoin Hits New Monthly Low Amid US Jobs Data Confusion
Wall Street Relieved by August Job Gains: Small Caps Lead, Dollar Recovers Some Losses - Broadcom, SPDR Gold Trust
Global Markets Decline with Crude Under $70; U.S. Dollar Weakness Persists
Chinese Markets Decrease Following Statement from Central Bank Official
Markets Tumble as Nifty Sinks Below 24,850; Auto Stocks Face Heavy Losses
Dollar Index Falls to One-Week Low as Markets Eye Upcoming Jobs Report
Euro Remains Strong as Focus Shifts to US Employment Figures
India's Rupee Falls as Second Poorest Performer Among Asian Currencies Against USD in August
Stablecoin Popularity Grows with New Entrants Including Trump, Ripple, and Wyoming
Rupee Gains Slightly Against US Dollar in Early Friday Trade
Crypto Trader Predicts Bitcoin Upsurge, Downplays Meme Coin Importance in Market Cycle
Mixed Asia and Europe Markets; Oil Below $70, Dollar Pulls Back as US Markets Close
Shanghai Composite Shows Marginal Gains, USD Faces Challenges in Asia
Adani Group Seeks to Issue $1.5 Billion in Dollar Bonds with Global Banks
Metal Shares Climb Despite Overall Market Decline
Bitcoin Transactions Plummet 30% Over Six Months Due to Waning Interest
Trump Family Launches DeFi Initiative to Strengthen USD Dominance
Dollar Dominance Faces Hurdles but Remains Resilient for Decades: Analyst Perspective
Dollar Tree Stock Declines Amid Q2 Earnings Shortfall and Reduced FY24 Forecast
Trump's Cryptocurrency Initiative Seeks to Support US Dollar Dominance Using Stablecoins
Bitcoin's Struggles Continue Post-Halving, Record Delay Hits Price Peak
Global Market Slump Hits Asia and Europe; Oil Dips Below $70, Impacting USD
Comprehensive Analysis of News and Events influencing the INRUSD currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Indian Rupee/US Dollar currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Indian Rupee / US Dollar Daily Forecast for a Month
Date | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Sep 11 | 0.0119 | 0.0119 | 0.0119 | 0.45 % |
Sep 12 | 0.0119 | 0.0119 | 0.0119 | 0.17 % |
Sep 13 | 0.0119 | 0.0119 | 0.0119 | 0.45 % |
Sep 14 | 0.0119 | 0.0119 | 0.0119 | 0.33 % |
Sep 15 | 0.0119 | 0.0119 | 0.0119 | 0.31 % |
Sep 16 | 0.0119 | 0.0118 | 0.0119 | 0.43 % |
Sep 17 | 0.0119 | 0.0119 | 0.0119 | 0.31 % |
Sep 18 | 0.0119 | 0.0118 | 0.0119 | 0.48 % |
Sep 19 | 0.0119 | 0.0119 | 0.0119 | 0.60 % |
Sep 20 | 0.0119 | 0.0119 | 0.0119 | 0.38 % |
Sep 21 | 0.0119 | 0.0119 | 0.0120 | 0.44 % |
Sep 22 | 0.0119 | 0.0119 | 0.0119 | 0.47 % |
Sep 23 | 0.0119 | 0.0118 | 0.0119 | 0.40 % |
Sep 24 | 0.0118 | 0.0118 | 0.0119 | 0.41 % |
Sep 25 | 0.0118 | 0.0118 | 0.0118 | 0.26 % |
Sep 26 | 0.0118 | 0.0118 | 0.0119 | 0.32 % |
Sep 27 | 0.0118 | 0.0118 | 0.0118 | 0.30 % |
Sep 28 | 0.0118 | 0.0118 | 0.0118 | 0.55 % |
Sep 29 | 0.0118 | 0.0118 | 0.0118 | 0.47 % |
Sep 30 | 0.0118 | 0.0118 | 0.0118 | 0.28 % |
Oct 01 | 0.0118 | 0.0117 | 0.0118 | 0.49 % |
Oct 02 | 0.0118 | 0.0118 | 0.0118 | 0.34 % |
Oct 03 | 0.0118 | 0.0118 | 0.0118 | 0.43 % |
Oct 04 | 0.0118 | 0.0118 | 0.0118 | 0.28 % |
Oct 05 | 0.0118 | 0.0117 | 0.0118 | 0.39 % |
Oct 06 | 0.0118 | 0.0118 | 0.0118 | 0.56 % |
Oct 07 | 0.0118 | 0.0118 | 0.0119 | 0.51 % |
Oct 08 | 0.0119 | 0.0118 | 0.0119 | 0.50 % |
Oct 09 | 0.0119 | 0.0118 | 0.0119 | 0.32 % |
Oct 10 | 0.0119 | 0.0119 | 0.0119 | 0.36 % |
Target daily price INR/USD
Target values of the INR/USD currency pair as of 09-11-2024.
Optimistic target level: 0.0119
Pessimistic target level: 0.0119
Target values of the INR/USD currency pair as of 09-12-2024.
Optimistic target level: 0.0119
Pessimistic target level: 0.0119
Target values of the INR/USD currency pair as of 09-13-2024.
Optimistic target level: 0.0119
Pessimistic target level: 0.0119
Target values of the INR/USD currency pair as of 09-14-2024.
Optimistic target level: 0.0119
Pessimistic target level: 0.0119
Target values of the INR/USD currency pair as of 09-15-2024.
Optimistic target level: 0.0119
Pessimistic target level: 0.0119
Indian Rupee / US Dollar (INR/USD) Forecast 2024 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Oct | 0.0118 | 0.0117 | 0.0120 | 1.97 % |
Nov | 0.0117 | 0.0116 | 0.0118 | 1.48 % |
Dec | 0.0117 | 0.0116 | 0.0118 | 1.81 % |
INR/USD forecast for this year
Forecast of the INR/USD pair for Oct 2024
Forecast of the INR/USD pair for Nov 2024
Forecast of the INR/USD pair for Dec 2024
Indian Rupee / US Dollar (INR/USD) Forecast 2025 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 0.0117 | 0.0116 | 0.0118 | 2.35 % |
Feb | 0.0118 | 0.0117 | 0.0119 | 1.71 % |
Mar | 0.0119 | 0.0118 | 0.0119 | 1.28 % |
Apr | 0.0117 | 0.0116 | 0.0118 | 1.74 % |
May | 0.0117 | 0.0116 | 0.0119 | 2.12 % |
Jun | 0.0118 | 0.0117 | 0.0119 | 1.52 % |
Jul | 0.0118 | 0.0117 | 0.0120 | 2.42 % |
Aug | 0.0118 | 0.0116 | 0.0119 | 1.87 % |
Sep | 0.0118 | 0.0117 | 0.0120 | 2.14 % |
Oct | 0.0117 | 0.0116 | 0.0118 | 1.57 % |
Nov | 0.0116 | 0.0114 | 0.0117 | 2.08 % |
Dec | 0.0115 | 0.0113 | 0.0116 | 2.27 % |
Indian Rupee / US Dollar (INR/USD) Forecast 2026 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 0.0115 | 0.0114 | 0.0116 | 2.02 % |
Feb | 0.0113 | 0.0112 | 0.0114 | 1.92 % |
Mar | 0.0112 | 0.0111 | 0.0114 | 2.52 % |
Apr | 0.0113 | 0.0113 | 0.0115 | 1.93 % |
May | 0.0113 | 0.0112 | 0.0114 | 1.77 % |
Jun | 0.0115 | 0.0115 | 0.0116 | 1.41 % |
Jul | 0.0116 | 0.0114 | 0.0116 | 1.55 % |
Aug | 0.0117 | 0.0115 | 0.0117 | 1.63 % |
Sep | 0.0117 | 0.0115 | 0.0117 | 1.68 % |
Oct | 0.0117 | 0.0116 | 0.0118 | 1.69 % |
Nov | 0.0117 | 0.0116 | 0.0118 | 1.23 % |
Dec | 0.0116 | 0.0115 | 0.0117 | 2.03 % |
Other currencies against the US Dollar (USD)
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.