Today's INR to NPR Price Update

Summary

This report provides the real-time exchange rate between the Indian Rupee (INR) and the Nepalese Rupee (NPR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Indian Rupee (INR) is a major fiat currency in South Asia, while the Nepalese Rupee (NPR) serves as the official currency of Nepal. The exchange rate between them reflects bilateral trade dynamics, monetary policy coordination, and cross-border investment flows between the two neighboring economies.

Today’s Price

• 1 INR = 1.6008 NPR
• 24h High: 1.6008 NPR
• 24h Low: 1.6007 NPR

Market Analysis

Recent INR/NPR price movements reflect the stable bilateral relationship between the two currencies. Current market sentiment is estimated as bearish, with technical indicators providing mixed signals.

• Technical indicators: The 14-day RSI reading stands at 44.25, suggesting potential downward pressure
• Key forecast level: Rate target in 14 days: 1.608 NPR
• Risk note: Short-term volatility may persist given the narrow trading range observed in the 24-hour period

Conclusion

Continue to monitor the INR/NPR pair closely, integrating technical analysis with regional economic developments. Traders should pay attention to the 14-day RSI readings and forecast targets to identify potential entry and exit points in this currency pair.