Today’s Currency Exchange Rates - September 06
According to forex traders, the domestic unit was supported by the weakening US dollar against other currencies.
The Indian rupee opened positively in early trade.
On Friday, the Indian rupee opened positively in early trade. It appreciated 2 paise to 83.95 against the US dollar.
According to forex traders, the domestic unit was supported by the weakening US dollar against other currencies.
At the interbank foreign exchange market, the Indian rupee opened at 83.97, appreciating 1 paise from its previous close against the US dollar.
On Thursday, the domestic unit settled at 83.97 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 - 83.932150
Euro - 93.304391
British Pound - 110.608469
Australian Dollar - 56.513976
Canadian Dollar - 62.201376
Singapore Dollar - 64.617752
Swiss Franc - 99.584821
Malaysian Ringgit - 19.373597
Japanese Yen - 0.586969
Chinese Yuan Renminbi - 11.847404