{"id":12469,"date":"2020-08-14T21:59:14","date_gmt":"2020-08-14T16:29:14","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=12469"},"modified":"2020-08-14T21:59:15","modified_gmt":"2020-08-14T16:29:15","slug":"usd-inr-rupee-weakens-against-the-dollar","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-weakens-against-the-dollar\/","title":{"rendered":"USD\/ INR: Rupee Weakens Against the Dollar"},"content":{"rendered":"\n<p>USD\/INR- The Rupee was at 74.87 as of 8:39 PM IST today. Rupee reached the highest of 74.74 and lowest at 74.93 against the<a href=\"https:\/\/www.grainmart.in\/news\/basmati-rice-industry-facing-uncertainty-as-iran-runs-out-of-us-dollars\/\"> US Dollar<\/a>. The dollar index also fell by 0.05% and was at 93.29. The weak domestic equities contributed to the decline of the rupee today. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/INR: Oil Prices Fall <\/h4>\n\n\n\n<p>On Friday, the WTI futures fell by 0.40% cents and ended the day at USD 42.07 by 08:38 IST. On the other hand, Brent crude also decreased by 0.49% cents and was at USD 44.74. A weaker dollar usually helps oil prices, but that has not been the case. The fear regarding future demand has kept the market volatile. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR-  Gold Prices Today <\/h4>\n\n\n\n<p>Gold prices further fell today at a domestic level. Accordingly, the October gold futures fell by 0.8% to end at Rs. 52,495 per 10 grams on the multi-commodity exchange. In the international market, spot gold traded at USD 1,952 per ounce, thus remaining flat. Similarly, Silver futures fell by 3% to Rs. 68,886 per kg. <\/p>\n\n\n\n<p>The stalemate regarding the new stimulus bill is continuing in the US. Further, 28 million people are still receiving unemployment cheques even though <a href=\"https:\/\/www.grainmart.in\/news\/job-crisis-begins-in-india-as-unemployment-rate-increases-by-23-amid-lockdown\/\">unemployment<\/a> claims dropped below 1 million for the first time. All these uncertainties, along with the <a href=\"https:\/\/www.grainmart.in\/news\/china-confirms-purchase-of-corn-and-soybeans-from-the-usa\/\">US-China<\/a> tensions and the announcement of the new Russian vaccine for <a href=\"https:\/\/www.who.int\/emergencies\/diseases\/novel-coronavirus-2019\">coronavirus<\/a> will impact gold prices significantly. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR- Sensex on 14th August<\/h4>\n\n\n\n<p>The <a href=\"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-remains-stable-2\/\">Sensex<\/a> ends in red for the third straight day in a row. That is, it was down by 1.13% on Friday and saw a 433.15 point decrease. Accordingly, it ended at 37,877.34 at 3:40 PM IST. Similarly, the NIFTY saw a fall of 122.05 points or 1.08% and ended at 11,178.40. The Adjusted Gross Revenue (AGR) case in the Supreme Court, along with the unclear US stimulus situation greatly influenced investor sentiment. <\/p>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\"><div class=\"wp-block-group__inner-container\"><\/div><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/ INR- Indian Rupee declined today against the US dollar. Gold, silver, and Oil prices dropped. Sensex ended in red for the third consecutive day.<\/p>\n","protected":false},"author":518,"featured_media":11451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15549],"tags":[16013,1700,17603,16975,76,19283,3272,17533,15914,9738,22267,19270,23181,11479,5216,21862,15589,23152,12124,4937,23153,13044,1511,21859,15710,73,16931],"class_list":["post-12469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-agr","tag-brent-crude","tag-coronavirus-vaccine","tag-crude-futures","tag-crude-oil","tag-equity-market","tag-india","tag-indian-equity-market","tag-indian-rupee","tag-international-market","tag-multi-commodity-exchange","tag-nifty50","tag-october-gold-futures","tag-rupee","tag-russia","tag-sensex-index","tag-silver","tag-stimulus-packages","tag-unemployment","tag-us-china-2","tag-us-demand","tag-us-dollar","tag-us-dollar-index","tag-us-inventories","tag-usd-inr-3","tag-usd-inr","tag-wti-crude"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/ INR: Rupee Weakens Against the Dollar - Grainmart News<\/title>\n<meta name=\"description\" content=\"USD\/ INR- Indian Rupee declined today against the US dollar. 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Sensex ended in red for the third consecutive day.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-weakens-against-the-dollar\/\" \/>\n<meta property=\"og:site_name\" content=\"Grainmart News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/grainmart.in\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-14T16:29:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-08-14T16:29:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2020\/07\/10-500-200-rs-1560x1170-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1560\" \/>\n\t<meta property=\"og:image:height\" content=\"1170\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gayathri Arvind\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Grainmart1\" \/>\n<meta name=\"twitter:site\" content=\"@Grainmart1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gayathri Arvind\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/\"},\"author\":{\"name\":\"Gayathri Arvind\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#\\\/schema\\\/person\\\/8d59d9bf4eefbc1522052358979cf391\"},\"headline\":\"USD\\\/ INR: Rupee Weakens Against the Dollar\",\"datePublished\":\"2020-08-14T16:29:14+00:00\",\"dateModified\":\"2020-08-14T16:29:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/\"},\"wordCount\":290,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/10-500-200-rs-1560x1170-1.jpg\",\"keywords\":[\"agr\",\"brent crude\",\"coronavirus vaccine\",\"crude futures\",\"crude oil\",\"equity market\",\"india\",\"indian equity market\",\"INDIAN RUPEE\",\"international market\",\"multi commodity exchange\",\"nifty50\",\"october gold futures\",\"Rupee\",\"Russia\",\"sensex index\",\"silver\",\"stimulus packages\",\"unemployment\",\"US China\",\"US demand\",\"US dollar\",\"US dollar index\",\"US inventories\",\"usd inr\",\"USD-INR\",\"wti crude\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/\",\"url\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/\",\"name\":\"USD\\\/ INR: Rupee Weakens Against the Dollar - Grainmart News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/10-500-200-rs-1560x1170-1.jpg\",\"datePublished\":\"2020-08-14T16:29:14+00:00\",\"dateModified\":\"2020-08-14T16:29:15+00:00\",\"description\":\"USD\\\/ INR- Indian Rupee declined today against the US dollar. 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