Today’s Currency Exchange Rates - July 26
According to forex traders, the domestic unit slipped due to constant demand for American currency from custodial banks and oil companies.
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According to forex traders, the domestic unit slipped due to constant demand for American currency from custodial banks and oil companies.
On Friday, the Indian rupee opened at a record low of 83.72 against the greenback.
According to forex traders, the domestic unit slipped due to constant demand for American currency from custodial banks and oil companies. On Thursday, it closed at Rs 83.70.
On Friday, the domestic currency depreciated 2 paise to open at 83.72 against the US dollar.
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 - 83.722640
Euro - 90.909034
British Pound - 107.703469
Australian Dollar - 54.873737
Canadian Dollar - 60.611868
Singapore Dollar - 62.356926
Swiss Franc - 95.052626
Malaysian Ringgit - 17.957258
Japanese Yen - 0.545279
Chinese Yuan Renminbi - 11.557713