Today’s Currency Exchange Rates - August 30
At the interbank foreign exchange market, the Indian rupee opened at 83.83.
On Friday, the Indian rupee opened positively in early trade. It appreciated 7 paise to 83.82 against the US dollar.
According to forex traders, the domestic unit received support from the US dollar in the overseas market and a positive trend in domestic markets.
At the interbank foreign exchange market, the Indian rupee opened at 83.83 but again gained ground to touch 83.82, appreciating 7 paise from its previous close.
On Thursday, the domestic unit registered a raise of 8 paise to close at 83.89 against the greenback.
Factors such as differentials in interest rates, differentials in inflation, Current Account Deficits, public debt, and Terms of Trade influence currency exchange rates.
Currency Exchange rates
US Dollar - 83.849890
Euro - 92.850064
British Pound - 110.361589
Australian Dollar - 57.024776
Canadian Dollar - 62.164290
Singapore Dollar - 64.354755
Swiss Franc - 98.899412
Malaysian Ringgit - 19.433232
Japanese Yen - 0.578778
Chinese Yuan Renminbi - 11.82364