Indian Rupee Depreciates to 67.71 against USD

Indian Rupee weaken to 67.71 against US dollar, touched to almost 34 months low.

The Indian Rupee is now hit to almost 34 months low level against US dollar. Yesterday, the Indian rupee had depreciated to 67.71 against US dollar; the same level was last seen in Aug’13.

Since the starting of the current year, the Rupee has depreciated by around 2.3% against USD. It had weakened by almost 4.7% in 2015 and around 2.7% in 2014.

INR per USD percent change

Year

1 Jan 31 Dec

 % Change

2014 61.94 63.64 2.7%
2015 63.33 66.33 4.7%
  1 Jan 24 May  
2016 66.18 67.71 2.3%

Source: rbi.org.in, SteelMint Research

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