Today’s Currency Exchange Rates - August 1
Forex traders indicated that the rupee appreciated following the Federal Reserve's decision to maintain interest rates while indicating that a rate cut in September might be considered.
On Thursday, the Indian rupee appreciated to 83.68 against the US dollar in the early trade. On Wednesday, it closed at Rs 83.73.
At the interbank foreign exchange, the domestic unit opened at 83.67, 1 paisa higher than the previous day's close.
Forex traders indicated that the rupee appreciated following the Federal Reserve's decision to maintain interest rates while indicating that a rate cut in September might be considered.
Factors such as differentials in interest rates, differentials in inflation, Current Account Deficits, public debt, and Terms of Trade influence currency exchange rates.
Navigating the complexities of international finance requires staying updated with the latest currency exchange rates. As of today, here are the most recent exchange rates for major currencies against the Indian rupee.
As of today, here are the most recent exchange rates for major currencies against the Indian rupee.
Currency Exchange rates
US Dollar - 83.714171
Euro - 90.650764
British Pound - 107.562421
Australian Dollar - 54.660410
Canadian Dollar - 60.624441
Singapore Dollar - 62.658854
Swiss Franc - 95.423665
Malaysian Ringgit - 18.371772
Japanese Yen - 0.558242
Chinese Yuan Renminbi - 11.579126