INR

92.710

United States Dollar

The current account deficit fell for the third straight quarter on the back of fall in gold imports. Last year a record current account deficit played havoc with the rupee and the currency fell to a record low of 68.86 against the dollar.

Read more on current account deficit and its relation ship to the rupee here

Dealers say that the rupee will continue to trade in a range and the next big trigger for the currency could be the Union Budget due in the month of May.

There are no immediate global triggers that could affect the rupee in the short term. Check currency rates here

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