{"id":13635,"date":"2020-09-24T08:25:41","date_gmt":"2020-09-24T02:55:41","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=13635"},"modified":"2020-09-24T08:25:43","modified_gmt":"2020-09-24T02:55:43","slug":"usd-inr-rupee-weakens-against-the-dollar-3","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-weakens-against-the-dollar-3\/","title":{"rendered":"USD\/ INR: Rupee Weakens Against the Dollar"},"content":{"rendered":"\n<p>USD\/INR- Rupee value was at 73.65 as of 11:58 PM IST on 23rd September. During the session, the<a href=\"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-weakens-against-the-us-dollar-4\/\"> rupee<\/a> witnessed the highest of 73.49 and the lowest at 73.63. The gains in the rupee were muted after a lousy performance in the domestic equity market. Further, the dollar index also increased by 0.18% and was at 94.15. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR: Oil Prices <\/h4>\n\n\n\n<p>The US WTI crude for October rose by 0.4% to USD 39.96 and was trading at USD  per barrel on 23rd September. 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 Crude <\/a>increased by 0.6%  was at USD 41.95 per barrel at 10:35 GMT. The oil prices did surprisingly well despite all the problems like the rising dollar, and the lack of <a href=\"https:\/\/www.grainmart.in\/news\/increased-demand-across-asia-leads-to-container-shortage\/\">demand<\/a>. But, the prices do remain fragile and may reduce if there is a massive drop in demand or increase in inventories. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">USD\/ INR-  Gold Prices  <\/h4>\n\n\n\n<p>Gold prices decreased on 23rd September, for the third straight day. Accordingly, October gold futures decreased by 1.2% to Rs. 49,764 per 10 grams on the multi-commodity exchange. Likewise, Silver futures fell by 4% to Rs. 58,851 per kg. In the global market, spot gold fell by 1% and traded at USD 1,880.46. The primary reason for the reduction in gold prices is the strengthening of the US Dollar. Even though gold is seen as a hedge against inflation, many investors have moved from commodities like gold to Dollar. <\/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 Sensex further fell for the third day in a row. That is, it was down by 0.17% and saw a 65.66 point decrease. Accordingly, it ended at 37,668.42 at 3:40 PM IST on 23rd September. Also, the NIFTY saw a fall of 0.20% or 21.80 points and ended up at 11,131.85. The BSE Midcap and smallcap indices also ended lower. Investor sentiment was impacted by <a href=\"https:\/\/www.who.int\/\">increasing cases<\/a> and new restrictions around the world. <\/p>\n<\/div><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/ INR- Rupee value continues to weakens against the Dollar. Oil price rose while, gold and silver prices fell again. Sensex ended in red.<\/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":[23405,9860,16975,76,13529,23093,20255,19283,17524,8402,3272,365,17533,15914,8027,15716,22267,19270,13050,11479,23703,21862,15589,18377,13044,1511,23676,15710,73,23532,16931],"class_list":["post-13635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-brent-futures","tag-coronavirus","tag-crude-futures","tag-crude-oil","tag-demand","tag-domestic-equities","tag-economic-recovery","tag-equity-market","tag-global-equity-market","tag-global-market","tag-india","tag-indian-economy","tag-indian-equity-market","tag-indian-rupee","tag-investor-sentiment","tag-maruti","tag-multi-commodity-exchange","tag-nifty50","tag-pandemic","tag-rupee","tag-samll-and-midcap-indexes","tag-sensex-index","tag-silver","tag-us-and-china","tag-us-dollar","tag-us-dollar-index","tag-us-federal-policy","tag-usd-inr-3","tag-usd-inr","tag-virus-infection","tag-wti-crude"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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- Rupee value continues to weakens against the Dollar. 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Sensex ended in red.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.grainmart.in\/news\/usd-inr-rupee-weakens-against-the-dollar-3\/\" \/>\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=\"2020-09-24T02:55:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-24T02:55:43+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-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar-3\\\/\"},\"author\":{\"name\":\"Gayathri Arvind\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#\\\/schema\\\/person\\\/8d59d9bf4eefbc1522052358979cf391\"},\"headline\":\"USD\\\/ INR: Rupee Weakens Against the Dollar\",\"datePublished\":\"2020-09-24T02:55:41+00:00\",\"dateModified\":\"2020-09-24T02:55:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar-3\\\/\"},\"wordCount\":295,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/10-500-200-rs-1560x1170-1.jpg\",\"keywords\":[\"brent futures\",\"coronavirus\",\"crude futures\",\"crude oil\",\"demand\",\"domestic equities\",\"economic recovery\",\"equity market\",\"global equity market\",\"global market\",\"india\",\"indian economy\",\"indian equity market\",\"INDIAN RUPEE\",\"investor sentiment\",\"maruti\",\"multi commodity exchange\",\"nifty50\",\"pandemic\",\"Rupee\",\"samll and midcap indexes\",\"sensex index\",\"silver\",\"US and China\",\"US dollar\",\"US dollar index\",\"US federal policy\",\"usd inr\",\"USD-INR\",\"virus infection\",\"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-3\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar-3\\\/\",\"url\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar-3\\\/\",\"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-3\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/usd-inr-rupee-weakens-against-the-dollar-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.grainmart.in\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/10-500-200-rs-1560x1170-1.jpg\",\"datePublished\":\"2020-09-24T02:55:41+00:00\",\"dateModified\":\"2020-09-24T02:55:43+00:00\",\"description\":\"USD\\\/ INR- Rupee value continues to weakens against the Dollar. 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