USD/ INR: Indian Rupee Forex Report 21 January

USD/INR- Indian Rupee value settled at 73.01 as of 9:50 PM UTC on 21 January against the US Dollar. The Indian Rupee rises as the USD falls steeply. Today, it reached the highest at 72.955 and the lowest at 73.546. At the same time, the dollar index fell by 0.02% and settled at 90.11 as of 10:24 AM EST on Thursday. 

USD/ INR: Oil Prices

The US WTI crude oil decreased on 21 January as the unbalanced demand concerns linger among the investors. Similarly, in OPEC+ opinion the oil prices will stay on edge due to the coronavirus pandemic. Accordingly, it fell by 0.33% at 11:50 PM GMT on 21 January to trade at USD 52.88 per barrel globally. On the other hand, Brent Crude trading at USD 55.61 per barrel was traded at 0.8% lower on Thursday. The fall is majorly due to the rise in US crude stocks.

USD/ INR- Gold Prices

As per today’s trend, Gold prices lowers on 21 January. Accordingly, gold futures decreased by 0.19% or 93.00 Rupees to settle at 49441.00 per 10 grams on the multi-commodity exchange. On the contrary, Silver futures increased by 292.00 Rupees or 0.44% to settle at Rs. 67282.00 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 1865 per ounce in New York. On the other hand, Silver traded at USD 25.77 per ounce.

USD/ INR- Sensex Today

The BSE Sensex ended in the red on 21 January. Accordingly, Sensex decreased by 0.34% or 167.36 points. Thereby ending the session at 49,624.76 at 4:10 PM IST on Thursday. Similarly, the NIFTY decreased by 0.37% or 54.35 points and ended up at 14,590.35.

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