The Indian rupee crossed the 73.00 mark against the US dollar for the first time. The INR may slide further if oil prices continue to rally. The USD/INR clocked a new high of 73.34 on Wednesday, having witnessed a falling channel breakout earlier this week. At press time, the USD/INR pair is trading at 73.30. The Indian rupee has lost 14 percent this year and may slide further if the oil price continues to rise, complicating matters for the energy importing economy with a high current account deficit. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Australia: Dwelling approvals moved lower in August – Westpac FX Street 4 years The Indian rupee crossed the 73.00 mark against the US dollar for the first time. The INR may slide further if oil prices continue to rally. The USD/INR clocked a new high of 73.34 on Wednesday, having witnessed a falling channel breakout earlier this week. At press time, the USD/INR pair is trading at 73.30. The Indian rupee has lost 14 percent this year and may slide further if the oil price continues to rise, complicating matters for the energy importing economy with a high current account deficit. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
