Today’s Currency Exchange Rates - August
Factors such as differentials in interest rates, inflation, Current Account Deficits, public debt, and Terms of Trade influence currency exchange rates.
Indian rupee gained six paisa on Wednesday.
On Wednesday, the Indian rupee improved against the US dollar after almost hitting Rs 84 the day before.
This appreciation came from expectations of large investments due to India's record-high weight on an important MSCI equity index.
According to Bloomberg, the rupee gained six paise, starting the day at Rs 83.91, up from Rs 83.97 on Tuesday.
Factors such as differentials in interest rates, differentials in inflation, Current Account Deficits, public debt, and Terms of Trade influence currency exchange rates.
Navigating the complexities of international finance requires staying updated with the latest currency exchange rates. As of today, here are the most recent exchange rates for major currencies against the Indian rupee.
As of today, here are the most recent exchange rates for major currencies against the Indian rupee.
Currency Exchange rates
US Dollar - 83.907147
Euro - 92.253331
British Pound - 107.910335
Australian Dollar - 55.578599
Canadian Dollar - 61.173035
Singapore Dollar - 63.685456
Swiss Franc - 97.03292
Malaysian Ringgit - 18.947301
Japanese Yen - 0.571309
Chinese Yuan Renminbi - 11.738968
