Dollar VS Rupee in the Open Market:

Lack of demand of US currency continued to prevail in the market as the US currency remained unchanged against the national currency in the currency exchange market. The US currency started off new day’s trading at Rs. 85.40, showed no change and was trading at the same price at close of markets on Wednesday. Thus, rupee ended the day on a positive note versus dollar in the forex market. In the global markets on Wednesday, the US dollar dropped by 1.2% to $1.2833 per euro at 10:17 a.m. in New York after touching $1.2856, the weakest level since Aug. 19. The greenback appreciated rose 0.4% to 84.54 yen after dropping earlier as low as 83.67 yen.

Dollar VS Rupee in the interbank:

The national currency remained stronger versus greenback in the interbank market today. The American currency set off new day’s trading at Rs.85.55 for buying and Rs.85.75 for selling, shed grounds and was changing hands at Rs.85.50 for buying and Rs.85.70 for selling on Wednesday. Thus, rupee recovered 0.05 more paisas versus dollar.

Pound Sterling VS Rupee in the Open Market:

The cable continued to remain in the negative territory versus rupee in the kerb today. UK’s pound kicked off trading at Rs.131.50, incurred more losses due to decline in its demand and was changing hands at Rs.130.80 at close of markets. Thus, rupee recovered 0.70 more paisa versus Pound Sterling. On the International desk, Pound Sterling shed 0.5% to 83.02 pence against the euro.

Pound Sterling VS Rupee in the interbank:

Pound Sterling continued to shed grounds in the interbank market as well as it was trading at Rs. 131.57 for buying and Rs. 131.91 for selling at close of markets on Wednesday.

Euro versus Rupee in the Open Market:

A tone of recovery was seen in the price of the common currency of eurozone in the open market dealings today.  Euro commenced new day’s trading at Rs.107.50, posted recovery on the desk and was trading at Rs.107.80 at close of markets. The single currency of Eurozone shed grounds versus rupee in the kerb dealings today.

Euro versus Rupee in the interbank:

Euro also appreciated versus rupee in the interbank dealings today amid its demand high. The single currency was trading at Rs. 108.62 for buying and 108.90 for selling at close of markets. Thus, rupee ended the day on a negative note versus the 16-nation currency

UAE Dirham VS Rupee in the Open Market:

No change was recorded in the price of UAE Dirham in the currency exchange market on Wednesday. The UAE Dirham set off trading at Rs.23.17, due to lack of demand did not show any change and remained at the same price at close of markets.

UAE Dirham VS Rupee in the interbank: In the interbank dealings on Wednesday, the UAE Dirham was changing hands at Rs.23.27 for buying and Rs.23.33 selling. However, on Tuesday Dirham was trading at Rs.23.29 for buying and Rs.23.35 for selling.