Currency update today: Indian Rupee against foreign currency on 02 July, 2021

The Indian rupee has ended at 74.61200 against the US dollar while on the other hand, the rupee has ended at 88.35700 against EURO today. The dollar index gained strength against the five currencies mentioned below. With the outbreak of coronavirus second wave, the Indian rupee has been weakened in the recent past.

Meanwhile, the Indian rupee has been choppy against other foreign currencies. However, going by what is Currency fluctuation, which is nothing but the floating exchange rates that is the rule of most major economies.

The factors that effect currency exchange are economic performance, the outlook for inflation, interest rate differentials, capital flows and etc. The exchange rate of a currency is typically determined by the strength of an economy.

Also, the currency exchange rates would vary dynamically. Here are the currency exchange rates in India on 02 July, 2021, including USD, EUR, GBP, AED to SAR, and more.

Check out the conversation table of US Dollar to Indian Rupee

Check out the conversation table of Indian Rupee US Dollar