{"id":11768,"date":"2020-07-21T20:27:42","date_gmt":"2020-07-21T14:57:42","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=11768"},"modified":"2020-07-21T20:37:56","modified_gmt":"2020-07-21T15:07:56","slug":"usd-inr-rupee-strengthens-against-the-us-dollars","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-strengthens-against-the-us-dollars\/","title":{"rendered":"USD\/ INR: Rupee Strengthens Against the US Dollars"},"content":{"rendered":"\n<p>The rupee value further appreciated against the US Dollar today.&nbsp;It saw an increase of 17 paise and ended the day at 74.74 against the greenback. The increase in the amount of rupee (USD\/ INR conversion) might have been caused by strong domestic equities and increased hopes of a successful <a href=\"https:\/\/www.grainmart.in\/news\/oxford-vaccine-shows-promising-results\/\">COVID 19 vaccine<\/a>.&nbsp;On Monday, the value of rupee was <a href=\"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-surges-against-the-us-dollar\/\">74.91<\/a>.&nbsp;The rupee reached the highest of 74.88 and the lowest at 74.70 today.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR- <strong>News on Vaccine Helps the Oil Market<\/strong><\/h4>\n\n\n\n<p>Positive news about the COVID-19 vaccine also impacted the crude oil market.&nbsp;Even though this offered some solace, producers are still worried about the extension of the <a href=\"https:\/\/www.grainmart.in\/news\/agriculture-sector-leads-way-to-indian-economys-recovery-post-covid-lockdown\/\">lockdown<\/a> in many industries. The Brent futures increased by 0.5% and ended the day at USD 43.49 by 06:23 GMT. On the other hand, WTI crude gained by 11 cents and ended the day at USD 40.92.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR- <strong>Gold Prices Marginally Increased, Silver is the Real star<\/strong><\/h4>\n\n\n\n<p>The increasing number of <a href=\"https:\/\/www.who.int\/emergencies\/diseases\/novel-coronavirus-2019\">coronavirus cases<\/a> still made gold the go-to asset.&nbsp; But silver has been the real star and has recorded an increase of Rs. 2,500 in just two days.&nbsp;On the multi-commodity exchange, the August gold futures rose by 0.63% to end at Rs. 49,204 per 10 grams. In the global market, spot gold saw an increase of 0.1% and ended at USD 1818.53 per ounce.&nbsp;However, the gains in gold have not been as much. Mainly because of some positive news about the vaccine, which led to the strengthening of the global <a href=\"https:\/\/www.grainmart.in\/news\/india-and-global-equity-market-under-pressure\/\">equity market<\/a>.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR- <strong>Sensex Today<\/strong><\/h4>\n\n\n\n<p>The Indian equity markets ended on a high for the fifth straight session today.\u00a0There was a 511.34 points increase in the Sensex, and it ended the day at 37,930.33.\u00a0The Nifty also did well and saw a rise of 140.10 points and settled at 11,162.30.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/ INR- Indian Rupee further strengthens against the US dollar. Crude oil price increased, just like spot Glod prices. Sensex and Nifty ended high today.<\/p>\n","protected":false},"author":518,"featured_media":9219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15549],"tags":[22214,1700,9860,20463,16975,76,19283,3272,17533,15914,19270,11479,21862,15589,17562,13044,1511,15710,73,16931],"class_list":["post-11768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-august-gold-futures","tag-brent-crude","tag-coronavirus","tag-covid-vaccine","tag-crude-futures","tag-crude-oil","tag-equity-market","tag-india","tag-indian-equity-market","tag-indian-rupee","tag-nifty50","tag-rupee","tag-sensex-index","tag-silver","tag-spot-gold","tag-us-dollar","tag-us-dollar-index","tag-usd-inr-3","tag-usd-inr","tag-wti-crude"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/ INR: Rupee Strengthens Against the US Dollars - Grainmart News<\/title>\n<meta name=\"description\" content=\"USD\/ INR- Indian Rupee further strengthens against the US dollar. 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