Currency update today: Indian rupee against US Dollar on 16 December 2021

The Indian rupee against the US Dollar has been increased today and settled at Rs 76.27 and while it has ended at Rs. 86.08 against the EURO with a fall. The currency exchange depends on economic performance, inflation, interest rate differentials, and capital flows, etc. It is generally determined by the strength or weakness of the particular economy. Hence, currency exchange fluctuates dynamically.

The Indian rupee has been choppy against the US dollar in the recent past. However, it has been decreased in the last six months on the overall.

The currency exchange rates of a country is considered as crucial element for central banks to set up a monetary policy. Here are the currency exchange rates in India today, including USD, EUR, GBP, AED to SAR, and more.