Canadian Dollar to Indian Rupee exchange rate today, and forecast for tomorrow, the next few days and weeks, and for 2026-2030
Canadian Dollar to Indian Rupee Today
CAD to INR exchange rate equals 67.0641 Indian Rupees per 1 Canadian Dollar. Today's range: 66.8434-67.4176. Yesterday's rate 67.3626. The change for today -0.2985 Indian Rupees, -0.44%.
| 67.0641 | -0.44% |
CAD to INR forecast for tomorrow, this week and month.
CAD to INR Forecast for Next Days
| Date | Weekday | Min | Rate | Max |
| 10/14 | Wednesday | 65.986 | 66.991 | 67.996 |
| 10/15 | Thursday | 65.175 | 66.168 | 67.161 |
| 10/16 | Friday | 65.057 | 66.048 | 67.039 |
| 10/19 | Monday | 65.200 | 66.193 | 67.186 |
| 10/20 | Tuesday | 65.244 | 66.238 | 67.232 |
| 10/21 | Wednesday | 65.522 | 66.520 | 67.518 |
| 10/22 | Thursday | 65.468 | 66.465 | 67.462 |
| 10/23 | Friday | 65.333 | 66.328 | 67.323 |
| 10/26 | Monday | 65.724 | 66.725 | 67.726 |
| 10/27 | Tuesday | 65.424 | 66.420 | 67.416 |
| 10/28 | Wednesday | 65.348 | 66.343 | 67.338 |
| 10/29 | Thursday | 65.288 | 66.282 | 67.276 |
| 10/30 | Friday | 65.179 | 66.172 | 67.165 |
| 11/02 | Monday | 65.191 | 66.184 | 67.177 |
| 11/03 | Tuesday | 65.114 | 66.106 | 67.098 |
| 11/04 | Wednesday | 64.822 | 65.809 | 66.796 |
| 11/05 | Thursday | 64.539 | 65.522 | 66.505 |
| 11/06 | Friday | 64.540 | 65.523 | 66.506 |
| 11/09 | Monday | 64.515 | 65.497 | 66.479 |
| 11/10 | Tuesday | 64.264 | 65.243 | 66.222 |
| 11/11 | Wednesday | 64.383 | 65.363 | 66.343 |
| 11/12 | Thursday | 64.235 | 65.213 | 66.191 |
| 11/13 | Friday | 64.132 | 65.109 | 66.086 |
| 11/16 | Monday | 64.215 | 65.193 | 66.171 |
Canadian Dollar to Indian Rupee forecast on Wednesday, October, 14: exchange rate 66.991 Indian Rupees, maximum 67.996, minimum 65.986. CAD to INR forecast on Thursday, October, 15: exchange rate 66.168 Indian Rupees, maximum 67.161, minimum 65.175. Canadian Dollar to Indian Rupee forecast on Friday, October, 16: exchange rate 66.048 Indian Rupees, maximum 67.039, minimum 65.057. CAD to INR forecast on Monday, October, 19: exchange rate 66.193 Indian Rupees, maximum 67.186, minimum 65.200.
In 1 week Canadian Dollar to Indian Rupee forecast on Tuesday, October, 20: exchange rate 66.238 Indian Rupees, maximum 67.232, minimum 65.244. CAD to INR forecast on Wednesday, October, 21: exchange rate 66.520 Indian Rupees, maximum 67.518, minimum 65.522. Canadian Dollar to Indian Rupee forecast on Thursday, October, 22: exchange rate 66.465 Indian Rupees, maximum 67.462, minimum 65.468. CAD to INR forecast on Friday, October, 23: exchange rate 66.328 Indian Rupees, maximum 67.323, minimum 65.333. Canadian Dollar to Indian Rupee forecast on Monday, October, 26: exchange rate 66.725 Indian Rupees, maximum 67.726, minimum 65.724.
Canadian Dollar To Mexican Peso Today and Forecast 2026, 2027, 2028.
US Dollar To Canadian Dollar Forecast.
In 2 weeks CAD to INR forecast on Tuesday, October, 27: exchange rate 66.420 Indian Rupees, maximum 67.416, minimum 65.424. Canadian Dollar to Indian Rupee forecast on Wednesday, October, 28: exchange rate 66.343 Indian Rupees, maximum 67.338, minimum 65.348. CAD to INR forecast on Thursday, October, 29: exchange rate 66.282 Indian Rupees, maximum 67.276, minimum 65.288. Canadian Dollar to Indian Rupee forecast on Friday, October, 30: exchange rate 66.172 Indian Rupees, maximum 67.165, minimum 65.179. CAD to INR forecast on Monday, November, 2: exchange rate 66.184 Indian Rupees, maximum 67.177, minimum 65.191.
In 3 weeks Canadian Dollar to Indian Rupee forecast on Tuesday, November, 3: exchange rate 66.106 Indian Rupees, maximum 67.098, minimum 65.114. CAD to INR forecast on Wednesday, November, 4: exchange rate 65.809 Indian Rupees, maximum 66.796, minimum 64.822. Canadian Dollar to Indian Rupee forecast on Thursday, November, 5: exchange rate 65.522 Indian Rupees, maximum 66.505, minimum 64.539. CAD to INR forecast on Friday, November, 6: exchange rate 65.523 Indian Rupees, maximum 66.506, minimum 64.540. Canadian Dollar to Indian Rupee forecast on Monday, November, 9: exchange rate 65.497 Indian Rupees, maximum 66.479, minimum 64.515.
In 4 weeks CAD to INR forecast on Tuesday, November, 10: exchange rate 65.243 Indian Rupees, maximum 66.222, minimum 64.264. Canadian Dollar to Indian Rupee forecast on Wednesday, November, 11: exchange rate 65.363 Indian Rupees, maximum 66.343, minimum 64.383. CAD to INR forecast on Thursday, November, 12: exchange rate 65.213 Indian Rupees, maximum 66.191, minimum 64.235.
Canadian Dollar to Indian Rupee Forecast For 2026, 2027, 2028, 2029 And 2030
| Month | Open | Min-Max | Close | Total,% |
| 2026 | ||||
| Oct | 67.326 | 65.057-68.201 | 66.172 | -1.7% |
| Nov | 66.172 | 64.132-67.177 | 65.330 | -3.0% |
| Dec | 65.330 | 63.071-65.330 | 64.031 | -4.9% |
| 2027 | ||||
| Jan | 64.031 | 63.638-65.576 | 64.607 | -4.0% |
| Feb | 64.607 | 64.607-66.955 | 65.966 | -2.0% |
| Mar | 65.966 | 63.027-65.966 | 63.987 | -5.0% |
| Apr | 63.987 | 62.106-63.998 | 63.052 | -6.3% |
| May | 63.052 | 63.052-65.918 | 64.944 | -3.5% |
| Jun | 64.944 | 64.394-66.356 | 65.375 | -2.9% |
| Jul | 65.375 | 63.819-65.763 | 64.791 | -3.8% |
| Aug | 64.791 | 64.791-67.642 | 66.642 | -1.0% |
| Sep | 66.642 | 66.642-69.269 | 68.245 | 1.4% |
| Oct | 68.245 | 67.841-69.907 | 68.874 | 2.3% |
| Nov | 68.874 | 67.341-69.391 | 68.366 | 1.5% |
| Dec | 68.366 | 66.967-69.007 | 67.987 | 1.0% |
| 2028 | ||||
| Jan | 67.987 | 67.987-70.130 | 69.094 | 2.6% |
| Feb | 69.094 | 68.223-70.301 | 69.262 | 2.9% |
| Mar | 69.262 | 69.065-71.169 | 70.117 | 4.1% |
| Apr | 70.117 | 70.117-72.270 | 71.202 | 5.8% |
| May | 71.202 | 71.202-74.438 | 73.338 | 8.9% |
| Jun | 73.338 | 70.987-73.338 | 72.068 | 7.0% |
| Jul | 72.068 | 72.010-74.204 | 73.107 | 8.6% |
| Aug | 73.107 | 72.112-74.308 | 73.210 | 8.7% |
| Sep | 73.210 | 71.037-73.210 | 72.119 | 7.1% |
| Oct | 72.119 | 71.117-73.283 | 72.200 | 7.2% |
| Month | Open | Min-Max | Close | Total,% |
| 2028 Continuation | ||||
| Nov | 72.200 | 69.276-72.200 | 70.331 | 4.5% |
| Dec | 70.331 | 69.020-71.122 | 70.071 | 4.1% |
| 2029 | ||||
| Jan | 70.071 | 70.071-72.927 | 71.849 | 6.7% |
| Feb | 71.849 | 70.360-72.502 | 71.431 | 6.1% |
| Mar | 71.431 | 70.063-72.197 | 71.130 | 5.7% |
| Apr | 71.130 | 70.797-72.953 | 71.875 | 6.8% |
| May | 71.875 | 69.635-71.875 | 70.695 | 5.0% |
| Jun | 70.695 | 70.264-72.404 | 71.334 | 6.0% |
| Jul | 71.334 | 69.366-71.478 | 70.422 | 4.6% |
| Aug | 70.422 | 68.302-70.422 | 69.342 | 3.0% |
| Sep | 69.342 | 69.342-71.943 | 70.880 | 5.3% |
| Oct | 70.880 | 70.880-73.656 | 72.567 | 7.8% |
| Nov | 72.567 | 70.141-72.567 | 71.209 | 5.8% |
| Dec | 71.209 | 70.064-72.198 | 71.131 | 5.7% |
| 2030 | ||||
| Jan | 71.131 | 68.793-71.131 | 69.841 | 3.7% |
| Feb | 69.841 | 69.236-71.344 | 70.290 | 4.4% |
| Mar | 70.290 | 70.290-72.577 | 71.504 | 6.2% |
| Apr | 71.504 | 71.102-73.268 | 72.185 | 7.2% |
| May | 72.185 | 70.548-72.696 | 71.622 | 6.4% |
| Jun | 71.622 | 70.808-72.964 | 71.886 | 6.8% |
| Jul | 71.886 | 69.751-71.886 | 70.813 | 5.2% |
| Aug | 70.813 | 70.213-72.351 | 71.282 | 5.9% |
| Sep | 71.282 | 70.740-72.894 | 71.817 | 6.7% |
| Oct | 71.817 | 70.586-72.736 | 71.661 | 6.4% |
| Nov | 71.661 | 71.661-74.918 | 73.811 | 9.6% |
Canadian Dollar to Indian Rupee forecast for October 2026. In the beginning at 67.326 Indian Rupees. Maximum 68.201, minimum 65.057. The averaged exchange rate 66.689. CAD to INR forecast at the end of the month 66.172, the change for October -1.7%.
CAD to INR forecast for November 2026. In the beginning at 66.172 Indian Rupees. Maximum 67.177, minimum 64.132. The averaged exchange rate 65.703. CAD to INR forecast at the end of the month 65.330, the change for November -1.3%.
Canadian Dollar to Indian Rupee forecast for December 2026. In the beginning at 65.330 Indian Rupees. Maximum 65.330, minimum 63.071. The averaged exchange rate 64.441. CAD to INR forecast at the end of the month 64.031, the change for December -2.0%.
Canadian Dollar To Pakistani Rupee Today and Forecast 2026, 2027, 2028.
GOLD PRICE CAD TODAY, TOMORROW AND FORECAST.
CAD to INR forecast for January 2027. In the beginning at 64.031 Indian Rupees. Maximum 65.576, minimum 63.638. The averaged exchange rate 64.463. CAD to INR forecast at the end of the month 64.607, the change for January 0.9%.
Canadian Dollar to Indian Rupee forecast for February 2027. In the beginning at 64.607 Indian Rupees. Maximum 66.955, minimum 64.607. The averaged exchange rate 65.534. CAD to INR forecast at the end of the month 65.966, the change for February 2.1%.
CAD to INR forecast for March 2027. In the beginning at 65.966 Indian Rupees. Maximum 65.966, minimum 63.027. The averaged exchange rate 64.737. CAD to INR forecast at the end of the month 63.987, the change for March -3.0%.
Canadian Dollar to Indian Rupee forecast for April 2027. In the beginning at 63.987 Indian Rupees. Maximum 63.998, minimum 62.106. The averaged exchange rate 63.286. CAD to INR forecast at the end of the month 63.052, the change for April -1.5%.
CAD to INR forecast for May 2027. In the beginning at 63.052 Indian Rupees. Maximum 65.918, minimum 63.052. The averaged exchange rate 64.242. CAD to INR forecast at the end of the month 64.944, the change for May 3.0%.
Canadian Dollar to Indian Rupee forecast for June 2027. In the beginning at 64.944 Indian Rupees. Maximum 66.356, minimum 64.394. The averaged exchange rate 65.267. CAD to INR forecast at the end of the month 65.375, the change for June 0.7%.
CAD to INR forecast for July 2027. In the beginning at 65.375 Indian Rupees. Maximum 65.763, minimum 63.819. The averaged exchange rate 64.937. CAD to INR forecast at the end of the month 64.791, the change for July -0.9%.
Canadian Dollar to Indian Rupee forecast for August 2027. In the beginning at 64.791 Indian Rupees. Maximum 67.642, minimum 64.791. The averaged exchange rate 65.967. CAD to INR forecast at the end of the month 66.642, the change for August 2.9%.
CAD to INR forecast for September 2027. In the beginning at 66.642 Indian Rupees. Maximum 69.269, minimum 66.642. The averaged exchange rate 67.700. CAD to INR forecast at the end of the month 68.245, the change for September 2.4%.
Canadian Dollar to Indian Rupee forecast for October 2027. In the beginning at 68.245 Indian Rupees. Maximum 69.907, minimum 67.841. The averaged exchange rate 68.717. CAD to INR forecast at the end of the month 68.874, the change for October 0.9%.
CAD to INR forecast for November 2027. In the beginning at 68.874 Indian Rupees. Maximum 69.391, minimum 67.341. The averaged exchange rate 68.493. CAD to INR forecast at the end of the month 68.366, the change for November -0.7%.
Canadian Dollar to Indian Rupee forecast for December 2027. In the beginning at 68.366 Indian Rupees. Maximum 69.007, minimum 66.967. The averaged exchange rate 68.082. CAD to INR forecast at the end of the month 67.987, the change for December -0.6%.
CAD to INR forecast for January 2028. In the beginning at 67.987 Indian Rupees. Maximum 70.130, minimum 67.987. The averaged exchange rate 68.800. CAD to INR forecast at the end of the month 69.094, the change for January 1.6%.
Canadian Dollar to Indian Rupee forecast for February 2028. In the beginning at 69.094 Indian Rupees. Maximum 70.301, minimum 68.223. The averaged exchange rate 69.220. CAD to INR forecast at the end of the month 69.262, the change for February 0.2%.
CAD to INR forecast for March 2028. In the beginning at 69.262 Indian Rupees. Maximum 71.169, minimum 69.065. The averaged exchange rate 69.903. CAD to INR forecast at the end of the month 70.117, the change for March 1.2%.
Canadian Dollar to Indian Rupee forecast for April 2028. In the beginning at 70.117 Indian Rupees. Maximum 72.270, minimum 70.117. The averaged exchange rate 70.927. CAD to INR forecast at the end of the month 71.202, the change for April 1.5%.
CAD to INR forecast for May 2028. In the beginning at 71.202 Indian Rupees. Maximum 74.438, minimum 71.202. The averaged exchange rate 72.545. CAD to INR forecast at the end of the month 73.338, the change for May 3.0%.
Canadian Dollar to Indian Rupee forecast for June 2028. In the beginning at 73.338 Indian Rupees. Maximum 73.338, minimum 70.987. The averaged exchange rate 72.433. CAD to INR forecast at the end of the month 72.068, the change for June -1.7%.
CAD to INR forecast for July 2028. In the beginning at 72.068 Indian Rupees. Maximum 74.204, minimum 72.010. The averaged exchange rate 72.847. CAD to INR forecast at the end of the month 73.107, the change for July 1.4%.
Canadian Dollar to Indian Rupee forecast for August 2028. In the beginning at 73.107 Indian Rupees. Maximum 74.308, minimum 72.112. The averaged exchange rate 73.184. CAD to INR forecast at the end of the month 73.210, the change for August 0.1%.
CAD to INR forecast for September 2028. In the beginning at 73.210 Indian Rupees. Maximum 73.210, minimum 71.037. The averaged exchange rate 72.394. CAD to INR forecast at the end of the month 72.119, the change for September -1.5%.
Canadian Dollar to Indian Rupee forecast for October 2028. In the beginning at 72.119 Indian Rupees. Maximum 73.283, minimum 71.117. The averaged exchange rate 72.180. CAD to INR forecast at the end of the month 72.200, the change for October 0.1%.
CAD to INR forecast for November 2028. In the beginning at 72.200 Indian Rupees. Maximum 72.200, minimum 69.276. The averaged exchange rate 71.002. CAD to INR forecast at the end of the month 70.331, the change for November -2.6%.
Canadian Dollar to Indian Rupee forecast for December 2028. In the beginning at 70.331 Indian Rupees. Maximum 71.122, minimum 69.020. The averaged exchange rate 70.136. CAD to INR forecast at the end of the month 70.071, the change for December -0.4%.
CAD to INR forecast for January 2029. In the beginning at 70.071 Indian Rupees. Maximum 72.927, minimum 70.071. The averaged exchange rate 71.230. CAD to INR forecast at the end of the month 71.849, the change for January 2.5%.
OIL PRICE TODAY, TOMORROW AND FORECAST.
Canadian Dollar to Indian Rupee forecast for February 2029. In the beginning at 71.849 Indian Rupees. Maximum 72.502, minimum 70.360. The averaged exchange rate 71.536. CAD to INR forecast at the end of the month 71.431, the change for February -0.6%.
CAD to INR forecast for March 2029. In the beginning at 71.431 Indian Rupees. Maximum 72.197, minimum 70.063. The averaged exchange rate 71.205. CAD to INR forecast at the end of the month 71.130, the change for March -0.4%.
Canadian Dollar to Indian Rupee forecast for April 2029. In the beginning at 71.130 Indian Rupees. Maximum 72.953, minimum 70.797. The averaged exchange rate 71.689. CAD to INR forecast at the end of the month 71.875, the change for April 1.0%.
CAD to INR forecast for May 2029. In the beginning at 71.875 Indian Rupees. Maximum 71.875, minimum 69.635. The averaged exchange rate 71.020. CAD to INR forecast at the end of the month 70.695, the change for May -1.6%.
Canadian Dollar to Indian Rupee forecast for June 2029. In the beginning at 70.695 Indian Rupees. Maximum 72.404, minimum 70.264. The averaged exchange rate 71.174. CAD to INR forecast at the end of the month 71.334, the change for June 0.9%.
CAD to INR forecast for July 2029. In the beginning at 71.334 Indian Rupees. Maximum 71.478, minimum 69.366. The averaged exchange rate 70.650. CAD to INR forecast at the end of the month 70.422, the change for July -1.3%.
Canadian Dollar to Indian Rupee forecast for August 2029. In the beginning at 70.422 Indian Rupees. Maximum 70.422, minimum 68.302. The averaged exchange rate 69.622. CAD to INR forecast at the end of the month 69.342, the change for August -1.5%.
CAD to INR forecast for September 2029. In the beginning at 69.342 Indian Rupees. Maximum 71.943, minimum 69.342. The averaged exchange rate 70.377. CAD to INR forecast at the end of the month 70.880, the change for September 2.2%.
Canadian Dollar to Indian Rupee forecast for October 2029. In the beginning at 70.880 Indian Rupees. Maximum 73.656, minimum 70.880. The averaged exchange rate 71.996. CAD to INR forecast at the end of the month 72.567, the change for October 2.4%.
CAD to INR forecast for November 2029. In the beginning at 72.567 Indian Rupees. Maximum 72.567, minimum 70.141. The averaged exchange rate 71.621. CAD to INR forecast at the end of the month 71.209, the change for November -1.9%.
Canadian Dollar to Indian Rupee forecast for December 2029. In the beginning at 71.209 Indian Rupees. Maximum 72.198, minimum 70.064. The averaged exchange rate 71.151. CAD to INR forecast at the end of the month 71.131, the change for December -0.1%.
CAD to INR forecast for January 2030. In the beginning at 71.131 Indian Rupees. Maximum 71.131, minimum 68.793. The averaged exchange rate 70.224. CAD to INR forecast at the end of the month 69.841, the change for January -1.8%.
Canadian Dollar to Indian Rupee forecast for February 2030. In the beginning at 69.841 Indian Rupees. Maximum 71.344, minimum 69.236. The averaged exchange rate 70.178. CAD to INR forecast at the end of the month 70.290, the change for February 0.6%.
CAD to INR forecast for March 2030. In the beginning at 70.290 Indian Rupees. Maximum 72.577, minimum 70.290. The averaged exchange rate 71.165. CAD to INR forecast at the end of the month 71.504, the change for March 1.7%.
Canadian Dollar to Indian Rupee forecast for April 2030. In the beginning at 71.504 Indian Rupees. Maximum 73.268, minimum 71.102. The averaged exchange rate 72.015. CAD to INR forecast at the end of the month 72.185, the change for April 1.0%.
CAD to INR forecast for May 2030. In the beginning at 72.185 Indian Rupees. Maximum 72.696, minimum 70.548. The averaged exchange rate 71.763. CAD to INR forecast at the end of the month 71.622, the change for May -0.8%.
Canadian Dollar to Indian Rupee forecast for June 2030. In the beginning at 71.622 Indian Rupees. Maximum 72.964, minimum 70.808. The averaged exchange rate 71.820. CAD to INR forecast at the end of the month 71.886, the change for June 0.4%.
CAD to INR forecast for July 2030. In the beginning at 71.886 Indian Rupees. Maximum 71.886, minimum 69.751. The averaged exchange rate 71.084. CAD to INR forecast at the end of the month 70.813, the change for July -1.5%.
Canadian Dollar to Indian Rupee forecast for August 2030. In the beginning at 70.813 Indian Rupees. Maximum 72.351, minimum 70.213. The averaged exchange rate 71.165. CAD to INR forecast at the end of the month 71.282, the change for August 0.7%.
CAD to INR forecast for September 2030. In the beginning at 71.282 Indian Rupees. Maximum 72.894, minimum 70.740. The averaged exchange rate 71.683. CAD to INR forecast at the end of the month 71.817, the change for September 0.8%.
Canadian Dollar to Indian Rupee forecast for October 2030. In the beginning at 71.817 Indian Rupees. Maximum 72.736, minimum 70.586. The averaged exchange rate 71.700. CAD to INR forecast at the end of the month 71.661, the change for October -0.2%.
CAD to INR forecast for November 2030. In the beginning at 71.661 Indian Rupees. Maximum 74.918, minimum 71.661. The averaged exchange rate 73.013. CAD to INR forecast at the end of the month 73.811, the change for November 3.0%.
OIL PRICE TODAY, TOMORROW AND FORECAST.
The forecast is updated on daily basis. The exchange rate is updated every 15 minutes.
CAD/INR Exchange Rate: Key Factors, Historical Trends, and Outlook
What Determines the CAD/INR Rate
The CAD/INR (Canadian dollar vs. Indian rupee) exchange rate is influenced by several macroeconomic, trade, and market factors:
1. Interest Rate Differential / Monetary Policy
The policies of the Bank of Canada (BoC) and the Reserve Bank of India (RBI) play a major role. When Canadian interest rates are higher relative to India, the CAD tends to strengthen, as investors seek better yields. Conversely, higher Indian rates can support the INR.
Divergence in monetary policy can lead to capital flows that impact the CAD/INR exchange rate.
2. Commodity Prices
Canada is a major exporter of oil and other commodities, while India is a large importer of oil. Rising global oil prices can strengthen the CAD while putting pressure on the INR due to higher import costs. Conversely, falling oil prices may weaken CAD or benefit INR.
3. Trade and Current Account Balance
India’s trade deficit and Canada’s trade surplus influence currency flows. A stronger Canadian export sector supports CAD, while India’s demand for imports, especially oil, can put downward pressure on the INR.
4. Risk Sentiment and Capital Flows
Global risk sentiment affects both currencies. In times of uncertainty, investors may favor CAD as a stable, developed-market currency, while emerging-market currencies like INR may face pressure.
How These Factors Have Evolved
Over the past decade, these factors have shifted in importance:
- Global oil price fluctuations have heavily influenced CAD/INR due to Canada being an oil exporter and India an importer.
- Interest rate policies in Canada and India have contributed to periods of CAD strength or weakness.
- Capital flows into emerging markets, especially India, have supported INR at times of strong investor confidence.
- Global risk aversion tends to strengthen CAD relative to INR.
Historical Behavior: CAD/INR Over the Past 10–15 Years
- CAD/INR has shown an overall upward trend, reflecting INR depreciation and CAD stability over time.
- During periods of high oil prices, the INR faced pressure, pushing CAD/INR higher.
- Stronger Canadian economic performance or interest rate hikes have strengthened CAD against INR.
- Recent years (2023–2025) have seen CAD/INR fluctuating roughly between 60 and 65, reflecting global oil prices and monetary policy moves.
Prospects for CAD/INR in the Coming Years
- Monetary Policy Divergence: If BoC keeps rates high while RBI remains moderate, CAD may strengthen relative to INR.
- Oil Price Dynamics: Rising oil prices tend to weaken INR versus CAD; falling prices may support INR.
- Economic Growth: Strong Indian growth and inflows of foreign capital can support INR and moderate CAD/INR.
- Global Risk Sentiment: Risk aversion supports CAD; positive risk sentiment benefits INR.
Risks & Uncertainties
- Oil Price Volatility: Sharp changes can impact CAD/INR quickly.
- Policy Decisions: Unexpected moves by BoC or RBI can alter the trend.
- Global Market Conditions: Emerging-market risk sentiment and geopolitical events may affect INR more than CAD.
- Trade and Current Account Changes: Large deficits or surpluses in either country can shift the exchange rate.
The CAD/INR exchange rate is influenced by interest rates, oil prices, trade flows, and global risk sentiment. Over the past 10–15 years, the INR has generally depreciated relative to CAD, with fluctuations reflecting oil prices and monetary policy moves.
Looking ahead, CAD/INR may remain sensitive to oil price volatility, central bank policies, and global economic conditions. Monitoring these factors will be crucial for traders and businesses dealing with cross-border transactions.
