{"id":12799,"date":"2020-08-27T08:00:21","date_gmt":"2020-08-27T02:30:21","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=12799"},"modified":"2020-08-27T08:00:41","modified_gmt":"2020-08-27T02:30:41","slug":"usd-inr-rupee-further-strengthens-against-us-dollar","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-further-strengthens-against-us-dollar\/","title":{"rendered":"USD\/ INR: Rupee Further Strengthens Against US Dollar"},"content":{"rendered":"\n

USD\/INR- The Rupee was at 74.25 as of 09:40 PM IST on 26th August. Rupee saw an intra-day high of 74.25 and a low of 74.46. Favourable domestic equity market and the excellent inflow of fund from foreign investors resulted in the rupee gaining<\/a> against the US Dollar on Wednesday as well. <\/p>\n\n\n\n

USD\/ INR: Oil Prices Today<\/h4>\n\n\n\n

The WTI futures rose by 2.5% and ended the day at USD 42.61 by 15:02 GMT. On the other hand, Brent crude increased by 2.1% and was at USD 45.44. Oil prices were linked to a fall in US inventories earlier this week. Further, oil consumption is still low, especially in major economies like India<\/a>, and that poses a worry. Investors will also be looking at the result of the stalemate that is currently going on in the US Parliament regarding stimulus. <\/p>\n\n\n\n

USD\/ INR- Gold Prices on 26 August <\/h4>\n\n\n\n

Gold prices rose again after falling for five successive days. The October gold futures rose by 0.4% to end at Rs. 51,139 per 10 grams on the multi-commodity exchange. In the international market, spot gold fell traded at $1,927.26 per ounce. Likewise, Silver futures rose by 0.6% to Rs. 64,379 per kg. <\/p>\n\n\n\n

Gold prices continue to be volatile as the positive news about the vaccine<\/a> for coronavirus <\/a>has made investors move to some high-risk assets, away from the haven asset- gold. Further, China<\/a> and the US renewed its commitment to the Phase 1 trade<\/a> deal, and that also had a positive footprint on the financial markets today. <\/p>\n\n\n\n

USD\/ INR- Sensex on 26 August <\/h4>\n\n\n\n
\n

The Sensex<\/a> ended in green for the third day in a row this week. That is, it was up by 0.59% today and saw a 230.04 point increase. Accordingly, it ended at 39,073.92 at 3:40 PM IST today. Also, the NIFTY saw a rise of 77.35 points or 0.67% and finalised at 11,549.60. <\/p>\n<\/div><\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

USD\/ INR- Indian Rupee continues to gain strength. Oil prices increased. Also, gold prices rose after falling for five days straight. Sensex ended in green.<\/p>\n","protected":false},"author":518,"featured_media":9685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15549],"tags":[1700,16975,76,23093,17047,19283,3272,17533,15914,22267,19270,23181,11479,21862,15589,23152,13044,1511,23317,23295,15710,73,17248,16931],"yoast_head":"\nUSD\/ INR: Rupee Further Strengthens Against US Dollar - Grainmart News<\/title>\n<meta name=\"description\" content=\"USD\/ INR- Indian Rupee continues to gain strength. Oil prices increased. Also, gold prices rose after falling for five days straight. 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