USD/INR- The Indian currency settled at 73.120 at 8:41 PM INR on the first of February. The Indian rupee rose marginally at the beginning of this month. On the other hand, the dollar index fell 0.12% and settled at 90.87 as of 9:18 PM EST on Monday.
USD/ INR: Oil Prices
The US WTI crude oil prices rose today after experiencing a sharp fall last month. The oil demand concern and the growing coronavirus pandemic fear kept the investors on edge. Accordingly, crude oil rose by 1.01% at 9:08 PM on 1 February to trade at USD 54.08 per barrel globally. On the other hand, Brent Crude trading at USD 56.88 per barrel was traded 0.94% higher on Monday.
USD/ INR- Gold Prices
Precious metal prices begin the month with a fall. Accordingly, gold futures decreased by 1.52% or 746.00 Rupees to settle at 48350.00 per 10 grams on the multi-commodity exchange. On the contrary, Silver futures increased by 4199.00 Rupees or 6.02% to settle at Rs. 73905.00 per kg. The emergence of COVID-19 pandemic and the COVID-19 vaccine kept precious metals’ prices on edge this year. In the international market, Gold was trading at USD 1856.86 per ounce in New York. On the other hand, Silver traded at USD 28.48 per ounce.
USD/ INR- Sensex Today
The BSE Sensex gained over 2000 points on 1 February. Accordingly, Sensex increased by 5.00% or 2314.84 points. Thereby ending the session at 468,600.61 at 4:10 PM IST on Monday. Similarly, the NIFTY increased by 4.74% or 646.60 points and ended up at 14,281.20.