USD/INR- The Indian currency settled at 72.90 at 9:44 PM INR on 8 February. The Indian rupee traded between 72.785 and 73.007 today. Subsequently, the rupee is holding well at 73 since September. On the other hand, the dollar index fell by 0.08% and settled at 90.97 as of 11:08 AM EST on Monday.
USD/ INR: Oil Prices
The US WTI crude oil prices continue to rise following the last gaining week. The oil demand concern and the growing coronavirus pandemic fear kept the investors on edge. Accordingly, crude oil rose by 1.51% at 9:41 PM on 8 February to trade at USD 57.71 per barrel globally. On the other hand, Brent Crude trading at USD 60.16 per barrel was traded 1.38% higher on Monday.
USD/ INR- Gold Prices
Precious metal prices saw a marginal rise after falling the previous week. Accordingly, gold futures increased by 1.36% or 645.00 Rupees to settle at 47901.00 per 10 grams on the multi-commodity exchange. Similarly, Silver futures increased by 1399.00 Rupees or 2.04% to settle at Rs. 70137.00 per kg. The emergence of COVID-19 pandemic and the COVID-19 mutants kept precious metals’ prices on edge this year. In the international market, Spot Gold was trading at USD 1814.70 per ounce in New York. On the other hand, Silver traded at USD 27.21 per ounce.
USD/ INR- Sensex Today
The BSE Sensex ended in the green on 8 February. Accordingly, Sensex increased by 1.22% or 617.14 points. Thereby ending the session at 51,348.77 at 4:10 PM IST on Monday. Similarly, the NIFTY increased by 1.28% or 191.55 points and ended up at 15,115.80.