Today’s Currency Exchange Rates - September 12
On Thursday, the Indian rupee appreciated 83.97 against the US dollar.
According to forex traders, the domestic unit opened flat as markets await the release of US inflation data today.
On Thursday, the Indian rupee appreciated 83.97 against the US dollar in the early trade.
According to forex traders, the domestic unit’s value against other currencies is fluctuating within a narrow and stable range, without significant changes in either direction.
At the interbank foreign exchange market, the Indian rupee opened at 83.97 against the greenback, appreciating 2 paise from its previous close.
On Wednesday, the domestic unit settled at Rs 83.99 against the American currency..
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 - 83.975798
Euro - 92.510873
British Pound - 109.567669
Australian Dollar - 56.185796
Canadian Dollar - 61.874851
Singapore Dollar - 64.406615
Swiss Franc - 98.416442
Malaysian Ringgit - 19.383557
Japanese Yen - 0.587909
Chinese Yuan Renminbi - 11.795152