Today’s Currency Exchange Rates - September 11
According to forex traders, the domestic unit opened flat as markets await the release of US inflation data today.
On Wednesday, the Indian rupee opened flat against the US dollar. It appreciated 2 paise to 83.96 against the US dollar.
According to forex traders, the domestic unit opened flat as markets await the release of US inflation data today.
At the interbank foreign exchange market, the Indian rupee opened at 83.97 against the greenback, appreciating 2 paise from its previous close.
On Tuesday, the domestic unit settled at Rs 83.98 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 - 83.963776
Euro - 92.758197
British Pound - 110.017016
Australian Dollar - 55.897609
Canadian Dollar - 61.744411
Singapore Dollar - 64.522529
Swiss Franc - 99.600520
Malaysian Ringgit - 19.409020
Japanese Yen - 0.595684
Chinese Yuan Renminbi - 11.808713