Currency update today: Indian Rupee against foreign currency on 14 July, 2021

The Indian rupee has ended at 74.57400 against the US dollar while on the other hand, the rupee has ended at 87,87300 against EURO today. 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. The Currency fluctuation is nothing but the floating exchange rates that is the rule of major economies.

The factors that affect currency exchange are economic performance, the outlook for inflation, interest rate differentials, capital flows, 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 14 July, 2021, including USD, EUR, GBP, AED to SAR, and more.