Today’s Currency Exchange Rates - September 20
According to forex traders, the domestic unit appreciated due to the strong equity market, weakening American currency, and lower crude oil prices.
On Friday, the Indian rupee opened appreciated against the US dollar. It appreciated 9 paise to 83.56 against the US dollar.
According to forex traders, the domestic unit appreciated due to the strong equity market, weakening American currency, and lower crude oil prices.
At the interbank foreign exchange market, the Indian rupee opened at 83.63 against the greenback, appreciating 9 paise from its previous close.
On Thursday, the domestic unit settled at Rs 83.65 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 - 83.555598
Euro - 93.265400
British Pound - 111.029885
Australian Dollar - 56.892121
Canadian Dollar - 61.589528
Singapore Dollar - 64.747060
Swiss Franc - 98.654945
Malaysian Ringgit - 19.977176
Japanese Yen - 0.587006
Chinese Yuan Renminbi - 11.856971