Today’s Currency Exchange Rates - September 13
At the interbank foreign exchange market, the Indian rupee opened at 83.92 against the greenback.
Rupee value against foreign currency.
On Thursday, the Indian rupee opened positive against the US dollar.
It appreciated 5 paise to 83.92 against the American currency.
According to forex traders, the domestic unit opened positively following easing inflation may force the Reserve Bank of India to come up with a rate cut earlier than expected.
At the interbank foreign exchange market, the Indian rupee opened at 83.92 against the greenback, appreciating 5 paise from its previous close.
On Wednesday, the domestic unit settled at Rs 83.9 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 - 83.940224
Euro - 93.062220
British Pound - 110.364008
Australian Dollar - 56.459186
Canadian Dollar - 61.833435
Singapore Dollar - 64.616885
Swiss Franc - 98.824153
Malaysian Ringgit - 19.450458
Japanese Yen - 0.595479
Chinese Yuan Renminbi - 11.813430
