The Indian Rupee (INR) continues to exhibit stable trends in the currency markets today, resulting from a combination of both domestic economic performance and global market movements. Below is a snapshot of how the INR is performing versus some of the major currencies. For more updates onย Todayโs Gold rateย andย Todayโs currency exchange rates, visitย India Focus Daily News.
INR vs US Dollar (USD)
Currently, the value of 1 INR is roughly equal to about 0.0114 USD. The Rupee has remained relatively stable against the dollar, with only moderate price fluctuations in crude oil and signals from global economies. This translates to approximately $1.14 for โน100.
INR vs Euro (EUR)
At present 1 INR โ 0.0098 Euro, which has changed very little from recent days. In this case, economy data and the monetary policy of the European Central Bank that is expected to have a more positive impact on the currency side of this pairing. โน100 will get, roughly = โฌ0.98.
INR vs Bangladeshi Taka (BDT)
Cross-border trade and remittance flows to Bangladesh over the last number of months have resulted in the Rupee remaining strong against the Bangladeshi Taka. At present, if you want to exchange 1 I, NR, it is worth approximately 1.39 Taka. This means โน100 can be exchanged for roughly เงณ139 in Taka.
INR vs Pakistani Rupee (PKR)
The Rupee continues to show relative strength against the currency of its neighbour. At present, 1 INR is worth approximately = 3.18 PKR, meaning that โน100 is equivalent to approximately โจ = 318 in Pakistan. The most significant impact on this pair is the trade balance and developments in the region.
INR vs. Russian Ruble (RUB)
Trade between Russia and India in energy and comodities over the past few weeks will continue to lead to some support of the Rupee’s value against the Ruble. Currently, 1 INR is worth about 0.93 RUB, meaning โน100 is about โฝ93.
What This Means for Everyday Users
Travellers, businesses, and remitters can also use these exchange rates as a reference point in budgeting for or planning international transactions. Our mid-market rates are provided, but banks and money-changers may charge slightly less or slightly more, depending on any fees or service charges they include in their rates. Market analysts continue to advise that you monitor global oil prices, U.S. Federal Reserve policies, and India’s trade statistics as these indicators can impact the Rupee’s performance quite rapidly.
