USD/ INR: Indian Rupee Forex Report 14 January

USD/INR- Indian Rupee value settled at 73.14 as of 2:58 PM UTC on 14 January against the US Dollar. The Indian Rupee slips paisa as the USD rises steeply. Today, it reached the highest at 73.231 and the lowest at 73.930. At the same time, the dollar index rose by 0.17% and settled at 90.51 as of 9:51 AM EST. 

USD/ INR: Oil Prices

The US WTI crude oil rose on 14 January due to the decline in US shale production and inventories. Accordingly, it rose by 0.19% at 5:40 PM GMT on 14 January to trade at USD 53.67 per barrel globally. On the other hand, Brent Crude trading at USD 56.39 per barrel as it traded 0.05% lower on Thursday. Analysts convey that the extreme positive news around the COVID-19 vaccine supports the oil prices. Further, the OPEC+ move to restrain from oil production is an extra benefit in the oil refinery sector.s

USD/ INR- Gold Prices

As per today’s trend, Gold prices declines despite the COVID-19 vaccine success rate. Accordingly, gold futures decreased by 0.28% or 138.00 Rupees to settle at 49167.00 per 10 grams on the multi-commodity exchange. On the contrary, Silver futures rose by 469.00 Rupees or 0.71% to settle at Rs. 66490.00 per kg. The emergence of COVID-19 pandemic and the COVID-19 vaccine kept the prices of precious metals on edge this year. In the international market, Gold was trading at USD 1838 per ounce in New York. On the other hand, Silver traded at USD 25.13 per ounce.

USD/ INR- Sensex Today

The BSE Sensex ended in the green on 14 January. Accordingly, Sensex increased by 0.19% or 91.84 points. Thereby ending the session at 49,584.16 at 4:10 PM IST on Thursday. Similarly, the NIFTY increased by 0.21% or 30.75 points and ended up at 14,595.60.

Leave a Reply

Get Verified Suppliers of Rice, Wheat, Dry Fruits, Pulses and Other Grains