USD/ INR: Indian Rupee Forex Report 14 December

USD/INR- Indian rupee value settled at 73.64 on 14 December against the US Dollar at 10:45 PM. The India currency began at a high of 73.730 on Monday. Yesterday, it reached the highest at 73.450 and the lowest at 73.738. At the same time, the dollar index fell by 0.08% to settle at 90.64 as of 9:26 PM EST. 

USD/ INR: Oil Prices

The US WTI crude oil decreased by 0.51% at 10:56 PM GMT on 14 December. Accordingly, Crude oil traded at USD 46.75 per barrel globally. On the other hand, Brent Crude was trading at USD 50.03 per barrel as it traded 0.52% higher on Monday. The low demand for oil plunges even more following the rally on the back of OPEC+ agreement. Also, the COVID-19 vaccine roll out around the world is responsible for the fall in prices.

USD/ INR- Gold Prices

Gold prices fell on 14 December amid COVID-19 vaccine roll out strategizing. Accordingly, December gold futures decreased by 0.75% or 369.00 Rupees to Rs. 48,955.00 per 10 grams on the multi-commodity exchange. Similarly, Silver futures fell by 265.00 Rupees or 0.42% to settle at Rs. 63,470 per kg. Amid the hopeful COVID-19 vaccine, the investor’s attention is driven further away from the precious metals. In the international market, Gold was trading at USD 1845.60 per ounce in New York. On the other hand, Silver traded at USD 24.64 per ounce.

USD/ INR- Sensex Today

Sensex ended in the green on 14 December. Accordingly, it increased by 0.34% and saw a 154.45 point rise. Thereby ending the session at 46,253.46 at 4:00 PM IST on Monday. Similarly, the NIFTY increased by 0.16% or 25.85 points rise and ended up at 13,558.15.

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