{"id":14018,"date":"2020-10-10T08:10:16","date_gmt":"2020-10-10T02:40:16","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=14018"},"modified":"2020-10-10T07:52:54","modified_gmt":"2020-10-10T02:22:54","slug":"usd-inr-indian-rupee-stabilises-against-dollar","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/usd-inr-indian-rupee-stabilises-against-dollar\/","title":{"rendered":"USD\/ INR: Indian Rupee Stabilises Against Dollar"},"content":{"rendered":"\n<p>USD\/INR- Rupee value was at 72.985 as of 10:05 PM IST against US Dollar on Friday. On October 9, the <a href=\"https:\/\/www.grainmart.in\/news\/usd-inr-indian-rupee-settles-higher-against-dollar\/\">rupee<\/a> reached the highest of 73.300 and the lowest at 72.981. At the same time, the dollar index dropped by 0.59% and was at 93.093. On the other hand, the <a href=\"https:\/\/www.grainmart.in\/news\/rbi-to-come-out-with-monetary-policy-on-friday\/\">RBI<\/a> assures to support debt purchases as the inflation barricades rate cuts.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-usd-inr-oil-prices\">USD\/ INR: Oil Prices <\/h4>\n\n\n\n<p>The US WTI crude decreased by 0.17% that is 0.08 points at 10:07 PM and settled at USD 41.11 per barrel on 9 October. Contrarily, the\u00a0<a target=\"_blank\" href=\"https:\/\/www.grainmart.in\/news\/brent-touches-five-month-high-due-to-30-cuts-in-supply-from-abu-dhabi\/\" rel=\"noreferrer noopener\">Brent\u00a0<\/a>Crude increased by 0.05% and was at USD 43.36 per barrel at 10:20 PM. The oil prices turned slightly positive following the US House members assurance regarding the coronavirus federal aid. On the other hand, the worsening demand for oil due to the rising <a href=\"https:\/\/www.who.int\/\">COVID-19 <\/a>cases might push OPEC to reverse easing of oil cuts in the following year.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-usd-inr-gold-prices\">USD\/ INR-  Gold Prices  <\/h4>\n\n\n\n<p>Gold futures saw a gain first time in the week. Accordingly, December gold futures increased by 1.28% or 641.00 points to Rs. 50,816 per 10 grams on the multi-commodity exchange. Similarly, on 9 October Silver futures rose by 2420 Rupees or 4.0% to Rs. 62,939 per kg. Subsequently, in the international market, gold traded at USD 1910 per ounce, and silver was trading at USD 24.45 per ounce. Despite being a safe haven to investors during the economic crisis, gold struggled to find ground the past week. Finally, on Friday, Gold and silver prices saw a spike.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-usd-inr-sensex-on-9-october\">USD\/ INR- Sensex on 9 October<\/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>Sensex ends the day on a positive note on 9 October. Accordingly, it rose by 0.81% and saw a 326.82 point increase. Thereby ending the session at 40509.49 at 6:00 PM IST on 9 October. Similarly, the NIFTY rose by 0.67% or 79.60 points and ended the day at 11914.20. ICICI Bank, SBI, Wipro, and HDFC Bank were among the top gainers on Friday.<\/p>\n<\/div><\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/ INR-Rupee settles higher against the US Dollar. Oil prices rose on 8 October. Gold prices fell on the multi commodity exchange. Sensex ended in green.<\/p>\n","protected":false},"author":12,"featured_media":7437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15549],"tags":[23405,9860,20463,16975,76,23851,20255,19283,24075,17524,8402,15500,9347,5192,3272,365,17533,15914,7437,22267,19270,13050,82,11479,21862,15589,23152,13044,1511,23295,15710,73,16931],"class_list":["post-14018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-brent-futures","tag-coronavirus","tag-covid-vaccine","tag-crude-futures","tag-crude-oil","tag-domestic-markets","tag-economic-recovery","tag-equity-market","tag-federal-policy","tag-global-equity-market","tag-global-market","tag-global-markets","tag-hdfc","tag-icici-bank","tag-india","tag-indian-economy","tag-indian-equity-market","tag-indian-rupee","tag-monetary-policy","tag-multi-commodity-exchange","tag-nifty50","tag-pandemic","tag-rbi","tag-rupee","tag-sensex-index","tag-silver","tag-stimulus-packages","tag-us-dollar","tag-us-dollar-index","tag-us-parliment","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: Indian Rupee Stabilises Against Dollar - Grainmart News<\/title>\n<meta name=\"description\" content=\"USD\/ INR-Rupee settles higher against the US Dollar. 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