Welcome to our daily pre-market update, where we comprehensively analyze the Indian rupee’s performance in the currency markets. In this article, we will delve into the previous day’s trading session, examining the critical movements of the rupee against major currencies such as the US dollar (USD), British pound (GBP), Euro (EUR), and Japanese yen (JPY). Additionally, we will offer insights into what we can expect from the rupee in today’s trading session.
Date- Aug 22, 2023
Place- New Delhi, India
USD/INR: 83.088 (-0.05%)
The US Dollar (USD) starts the day at 83.088 Indian Rupees (INR), marking a slight decrease of 0.05% from the previous close. The day’s range is between 83.063 and 83.142, reflecting a 52-week range of 79.010 to 83.467. Over the past year, the USD/INR exchange rate has seen a change of 3.99%.
GBP/INR: 106.092 (+0.05%)
The British Pound (GBP) gains ground against the Indian Rupee (INR), opening at 106.092. This signifies a 0.05% increase from the previous close. The day’s range spans from 106.023 to 106.146, with a 52-week range of 84.376 to 107.943. Over the last year, the GBP/INR exchange rate has shown a change of 12.25%.
EUR/INR: 90.63 (+0.08%)
The Euro (EUR) strengthens against the Indian Rupee (INR), beginning at 90.6370. This marks an 0.08% increase from the previous close. The day’s range fluctuates between 90.5350 and 90.6650, with a 52-week range of 77.7370 to 92.4915. Over the past year, the EUR/INR exchange rate has seen a change of 13.04%.
JPY/INR: 56.8984 (+0.11%)
The Japanese Yen (JPY) starts on a positive note against the Indian Rupee (INR) at 56.8984. This indicates an 0.11% increase from the previous close. The day’s range extends from 56.7728 to 56.9216, with a 52-week range of 54.5656 to 64.1191. Over the last year, the JPY/INR exchange rate has experienced a change of -2.49%.
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