{"id":13170,"date":"2020-09-08T08:10:27","date_gmt":"2020-09-08T02:40:27","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=13170"},"modified":"2020-09-08T06:52:54","modified_gmt":"2020-09-08T01:22:54","slug":"usd-inr-rupee-weakens-against-the-us-dollar-2","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-weakens-against-the-us-dollar-2\/","title":{"rendered":"USD\/ INR: Rupee Weakens Against the US Dollar"},"content":{"rendered":"\n<p>USD\/INR- Indian Rupee was at 73.48 as of 03:36 PM IST on 7th September. It opened four paise down at 73.18. The main reason for the fall included the weak domestic equity market. Along with that, foreign traders also pulled out money from the equity market due to the current border stand-off between <a href=\"https:\/\/www.grainmart.in\/news\/sliding-indian-economy-gdp-gripped-by-debt-deficit-china-and-covid-19\/\">India<\/a> and <a href=\"https:\/\/www.grainmart.in\/news\/china-suspends-import-of-barley-from-australia-as-trade-tensions-escalate-further\/\">China<\/a>. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR: Oil Prices Slip<\/h4>\n\n\n\n<p> The WTI futures fell by 2.3% and was at USD 38.86 a barrel by 00:00 GMT. On the other hand, <a href=\"https:\/\/www.grainmart.in\/news\/brent-touches-five-month-high-due-to-30-cuts-in-supply-from-abu-dhabi\/\">Brent futures<\/a> for November fell by 2.1% and was at USD 41.75 per barrel. Oil prices dropped to their lowest since the end of July. Even though the OPEC and other countries have introduced massive supply cuts, the lack of demand has forced the prices to reduce again. The slow <a href=\"https:\/\/www.grainmart.in\/news\/agriculture-sector-leads-way-to-indian-economys-recovery-post-covid-lockdown\/\">economic recovery<\/a> from the <a href=\"https:\/\/www.who.int\/\">coronavirus<\/a> is also impacting oil prices as economies take more time to open up. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR-  Gold Prices  <\/h4>\n\n\n\n<p>Gold prices increased on Monday. The October gold futures rose by 0.25% to Rs. 50,805 per 10 grams on the multi-commodity exchange. Likewise, Silver futures rose by 1.3% to 68,120 per kg. In the international market, spot gold traded at $1,935.53 per ounce, indicating an increase of 0.2%. <\/p>\n\n\n\n<p>A strong US dollar capped the gains in gold at the global level. But, the rising tensions between the US and China, along with the increasing number of <a href=\"https:\/\/www.grainmart.in\/news\/coronavirus-covd-19-live-cases-tracker-john-hopkins\/\">coronavirus cases<\/a>, helped the gold prices<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR- Sensex Today<\/h4>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<p>The <a href=\"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-remains-stable-2\/\">Sensex<\/a> started the week off on a positive note. That is, it was up by 0.16% on Monday and saw a 60.05 point increase. Accordingly, it ended at 38,417.23 at 3:40 PM IST on 7th September. Similarly, the NIFTY saw a rise of 21.20 points or 0.19% and finalised at 11,355.05. Bharti Infratel and HDFC Life were some top gainers whereas Bajaj Finance and NTPC were some top losers in the index. <\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>USD\/ INR- Indian Rupee value weakens against Dollar. Crude oil prices fell while gold prices rose on Monday. Sensex started the week on a positive note.<\/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":[1704,17393,1700,23405,23531,9860,16975,76,13529,23093,19283,17524,22572,3272,21228,365,17533,15914,22267,19270,16154,23181,13050,11479,21862,15589,23473,15558,18377,13044,1511,21859,15710,73,16931],"class_list":["post-13170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bajaj-finance","tag-bharti-infratel","tag-brent-crude","tag-brent-futures","tag-china-and-india","tag-coronavirus","tag-crude-futures","tag-crude-oil","tag-demand","tag-domestic-equities","tag-equity-market","tag-global-equity-market","tag-hdfc-life-insurance","tag-india","tag-india-and-china","tag-indian-economy","tag-indian-equity-market","tag-indian-rupee","tag-multi-commodity-exchange","tag-nifty50","tag-ntpc","tag-october-gold-futures","tag-pandemic","tag-rupee","tag-sensex-index","tag-silver","tag-the-us-and-china","tag-titan-company","tag-us-and-china","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 v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/ INR: Rupee Weakens Against the US Dollar - Grainmart News<\/title>\n<meta name=\"description\" content=\"USD\/ INR- Indian Rupee value weakens against Dollar. 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Sensex started the week on a positive note.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-weakens-against-the-us-dollar-2\/\" \/>\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=\"2020-09-08T02:40:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.grainmart.in\/news\/wp-content\/uploads\/2020\/05\/Indian-Rupee-INR-USD.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1220\" \/>\n\t<meta property=\"og:image:height\" content=\"687\" \/>\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-us-dollar-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-us-dollar-2\\\/\"},\"author\":{\"name\":\"Gayathri Arvind\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#\\\/schema\\\/person\\\/8d59d9bf4eefbc1522052358979cf391\"},\"headline\":\"USD\\\/ INR: Rupee Weakens Against the US Dollar\",\"datePublished\":\"2020-09-08T02:40:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-us-dollar-2\\\/\"},\"wordCount\":299,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-us-dollar-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/Indian-Rupee-INR-USD.jpg\",\"keywords\":[\"bajaj finance\",\"bharti infratel\",\"brent crude\",\"brent futures\",\"China and India\",\"coronavirus\",\"crude futures\",\"crude oil\",\"demand\",\"domestic equities\",\"equity market\",\"global equity market\",\"HDFC life insurance\",\"india\",\"india and china\",\"indian economy\",\"indian equity market\",\"INDIAN RUPEE\",\"multi commodity exchange\",\"nifty50\",\"ntpc\",\"october gold futures\",\"pandemic\",\"Rupee\",\"sensex index\",\"silver\",\"the us and china\",\"titan company\",\"US and China\",\"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-us-dollar-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-us-dollar-2\\\/\",\"url\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-us-dollar-2\\\/\",\"name\":\"USD\\\/ INR: Rupee Weakens Against the US Dollar - Grainmart News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-us-dollar-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-us-dollar-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/Indian-Rupee-INR-USD.jpg\",\"datePublished\":\"2020-09-08T02:40:27+00:00\",\"description\":\"USD\\\/ INR- Indian Rupee value weakens against Dollar. 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