USD/ INR: Indian Rupee Forex Report 25 January

USD/INR- Indian Rupee value drops down to 72.94 as of 9:58 PM UTC on 24 January against the US Dollar. The Indian Rupee rises for two consecutive days. Today, it reached the highest at 72.64 and the lowest at 73.250. At the same time, the dollar index fell by 0.01% and settled at 90.38 as of 10:58 PM EST on Monday. 

USD/ INR: Oil Prices

The US WTI crude oil decreased on 24 January as it fails to recover from last week’s fall. Similarly, the oil demand concern kept the investors on edge along with the growing coronavirus pandemic. Accordingly, crude oil fell by 0.38% at 11:50 PM GMT on 24 January to trade at USD 52.57 per barrel globally. On the other hand, Brent Crude trading at USD 55.61 per barrel was traded 0.48% lower on Monday.

USD/ INR- Gold Prices

As per today’s trend, Gold prices tumbles on 24 January. Accordingly, gold futures decreased by 0.40% or 141.00 Rupees to settle at 48,509.00 per 10 grams on the multi-commodity exchange. On the other hand, Silver futures increased by 43.00 Rupees or 0.36% to settle at Rs. 65,976.00 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 1853 per ounce in New York. On the other hand, Silver traded at USD 25.55 per ounce.

USD/ INR- Sensex Today

The BSE Sensex tanks over 530 points on 24 January. Accordingly, Sensex decreased by 1.32% or 560.00 points. Thereby ending the session at 48,347 at 4:10 PM IST on Monday. Similarly, the NIFTY decreased by 0.23% or 130.00 points and ended up at 14,238.0. Reliance Industries was the worst-performing stock on 24 January.

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