What type of quote “INR/$ = 60” would be in forex market of both India and US?

The forex market gives the quotes for the currencies in two ways (viz. Direct quote and Indirect quote).

The quote "INR/$ =60" must be read as1$ =60 INR.

The said quote is a direct quote for Indian forex market [one unit of foreign currency $ in so many units of local currency INR].

Whereas, for US market, it will be an indirect quote [one unit of local currency $ in so many units of foreign currency INR].

This is the page of United States Dollar (USD) to Indian Rupee (INR) conversion, below you can find the latest exchange rate between them and is updated every1 minutes. It shows the exchange rate of the two currencies conversion. It also shows the history chart of this currency pairs, by choosing the time period you can get more detailed information. Would you like to invert the currencies pairs? Please visit Indian Rupee(INR) To United States Dollar(USD).   60 USD = 3822.684 INR

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