USD/ INR: Rupee Decreases Against the US Dollar

USD/INR- Rupee value was at 73.59 as of 9:09 PM IST on 15th September. Further, the rupee saw an intra-day high of 73.33 and low of 73.72 against the US Dollar. This was despite the favourable situation in the domestic equity market. The dollar index fell 0.16% to reach 92.90.

USD/ INR: Oil Prices

The WTI futures fell by 0.1% and was trading at USD 37.24 per barrel on 15 Septtember. On the other hand, Brent futures for November decreased by 0.3% and was at USD 39.58 per barrel. Oil prices fell today because of the bleak global fuel demand, but the losses were limited after the announcement of a meeting between OPEC and its allies.

USD/ INR- Gold Prices

Gold prices remain stable in the country and record a slight increase in the global market. Accordingly, October gold futures increased by Rs.10 from yesterday and traded at Rs. 50,450 per 10 grams on the multi-commodity exchange. Similarly, Silver remained relatively stable at 68,225 per kg. In the international market, spot gold traded at $1,950.03 per ounce, therefore increasing by 0.51%. The increase in gold prices comes ahead of the Federal policy meeting in the United States of America. Further, the outcome of the meeting will have a massive impact on gold prices. The rising tensions between the US and China, along with the increasing coronavirus cases and Brexit tensions, shows a robust way ahead for gold.

USD/ INR- Sensex Today

The Sensex ended in green after finishing in losses the previous day. That is, it was up by 0.74% and saw a 287.72 point increase. Accordingly, it ended at 39,044.35 at 3:40 PM IST on 14th September. Similarly, the NIFTY saw a rise of 81.75 points or 0.71% and ended up at 11,521.80. Bharti Airtel and Bajaj finance were some top gainers in the index.

Leave a Reply

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