Today’s Currency Exchange Rates - September 04
According to forex traders, the domestic unit was supported by the weakening US dollar and the fall in crude oil prices.
At the interbank foreign exchange market, the Indian rupee opened at 83.96.
On Wednesday, the Indian rupee opened positively in early trade. It appreciated 2 paise to 83.96 against the US dollar.
According to forex traders, the domestic unit was supported by the weakening US dollar and the fall in crude oil prices.
At the interbank foreign exchange market, the Indian rupee opened at 83.96, appreciating 2 paise from its previous close.
On Tuesday, the domestic unit settled at 83.98 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 - 83.956480
Euro - 92.829795
British Pound - 110.112455
Australian Dollar - 56.263232
Canadian Dollar - 62.025290
Singapore Dollar - 64.251870
Swiss Franc - 99.004843
Malaysian Ringgit - 19.308454
Japanese Yen - 0.578424
Chinese Yuan Renminbi - 11.808896