This report provides the real-time exchange rate between the Indian Rupee (INR) and Pakistani Rupee (PKR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Indian Rupee (INR) and Pakistani Rupee (PKR) are the primary fiat currencies of India and Pakistan respectively. The exchange rate between them reflects bilateral economic conditions, trade flows, and relative monetary policy stances between the two nations.
Today’s Price
1 INR = 3.08 PKR
24h High: 3.0829 PKR
24h Low: 3.0791 PKR
Market Analysis
The INR/PKR pair is currently exhibiting technical weakness, with the Relative Strength Index (RSI) over the 14-day period at 23.436, indicating an oversold condition. This suggests the pair may be approaching a potential reversal or consolidation phase.
Technical focus: Monitor oversold conditions and potential support levels around the 24h low of 3.0791 PKR
Risk note: Oversold RSI readings can persist during strong downtrends; traders should await confirmation signals before entering positions
Trading opportunities: Watch for RSI divergence patterns and mean reversion setups as potential entry points for counter-trend trades
Conclusion
Continue to monitor the INR/PKR pair closely, integrating technical indicators such as RSI with support and resistance levels. The current oversold conditions warrant attention to potential reversal signals and volume confirmation before executing trades.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today's INR to PKR Price Update
Summary
This report provides the real-time exchange rate between the Indian Rupee (INR) and Pakistani Rupee (PKR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Indian Rupee (INR) and Pakistani Rupee (PKR) are the primary fiat currencies of India and Pakistan respectively. The exchange rate between them reflects bilateral economic conditions, trade flows, and relative monetary policy stances between the two nations.
Today’s Price
Market Analysis
The INR/PKR pair is currently exhibiting technical weakness, with the Relative Strength Index (RSI) over the 14-day period at 23.436, indicating an oversold condition. This suggests the pair may be approaching a potential reversal or consolidation phase.
Conclusion
Continue to monitor the INR/PKR pair closely, integrating technical indicators such as RSI with support and resistance levels. The current oversold conditions warrant attention to potential reversal signals and volume confirmation before executing trades.