Today’s Currency Exchange Rates - August 7
At the interbank foreign exchange market, the Indian rupee opened at 83.86.
On Wednesday, the Indian rupee traded in a narrow range in early trade. It opened at 83.86 against the greenback.
At the interbank foreign exchange market, the Indian rupee opened at 83.86 but quickly lost its gains, trading at 83.92, the same as its previous closing value.
On Tuesday, the domestic currency appreciated 17 paise to settle at 83.92 against the US dollar.
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 - 83.931636
Euro - 91.571205
British Pound - 106.633957
Australian Dollar - 54.986787
Canadian Dollar - 60.914629
Singapore Dollar - 63.197289
Swiss Franc - 97.880156
Malaysian Ringgit - 18.651780
Japanese Yen - 0.570585
Chinese Yuan Renminbi - 11.687451