USD/ INR: Indian Rupee Forex Report 15 January

USD/INR- Indian Rupee value settled at 73.16 as of 11:58 PM UTC on 15 January against the US Dollar. The Indian Rupee slips 02 paise as the USD rises steeply. Today, it reached the highest at 73.211 and the lowest at 73.990. At the same time, the dollar index rose by 0.60% and settled at 90.78 as of 5:00 PM EST. 

USD/ INR: Oil Prices

The US WTI crude oil fell on 15 January due to the demand concerned. However, in OPEC+ opinion the oil prices will stay the same if the US shale production rebounds. Accordingly, it fell by 2.26% at 7:40 PM GMT on 15 January to trade at USD 52.36 per barrel globally. On the other hand, Brent Crude trading at USD 55.10 per barrel was traded at 2.34% lower on Friday. OPEC+ oil revenues might slump to an 18 year low, worries oil refinery sector.

USD/ INR- Gold Prices

As per today’s trend, Gold prices declines for the second consecutive day despite the COVID-19 vaccine success rate. Accordingly, gold futures decreased by 1.06% or 521 Rupees to settle at 48700.00 per 10 grams on the multi-commodity exchange. Similarly, Silver futures decreased by 1975.00 Rupees or 2.96% to settle at Rs. 64708.00 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 1851 per ounce in New York. On the other hand, Silver traded at USD 25.45 per ounce.

USD/ INR- Sensex Today

The BSE Sensex ended in the red on 15 January. Accordingly, Sensex decreased by 1.11% or 549.49 points. Thereby ending the session at 49,034.67 at 4:10 PM IST on Friday. Similarly, the NIFTY decreased by 1.11% or 161.90 points and ended up at 14,433.70.

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