Today’s Currency Exchange Rates - July 25
On Thursday, the Indian rupee opened at a record low of 83.72 against the greenback.
image for illustrative purpose
According to forex traders, the strength of foreign currency and foreign funds overflows dragged the rupee lower.
At the interbank foreign exchange market, the rupee opened at an all-time low of 83.72 against the US dollar, a fall of 1 paisa from its previous close.
On wednesday, the domestic currency depreciated 2 paise to hit an all-time low of 83.71 agait the American dollar.
Factors such as differentials in interest rates, differentials in inflation, Current Account Deficits, public debt, and Terms of Trade influence currency exchange rates.
Live Currency Exchange Rates:
Currency Exchange rates
US Dollar - 83.709056
Euro - 90.735514
British Pound - 107.891024
Australian Dollar - 54.790863
Canadian Dollar - 60.572844
Singapore Dollar - 62.260281
Swiss Franc - 94.776237
Malaysian Ringgit - 17.927339
Japanese Yen - 0.547490
Chinese Yuan Renminbi - 11.540667
