USD/INR- The Indian Rupee settled at 72.69 at 6:19 PM INR on 29 March. The Indian rupee traded between 72.487 and 72.718 today. On the other hand, the dollar index started this week on a high. Accordingly, its value increased and settled at 92.79 as of 8:40 AM EDT Monday.
USD/ INR: Oil Prices
The US WTI crude oil prices rose on Monday, thus starting the week on a positive note. However, with the ongoing oil demand concern and the growing coronavirus pandemic, it is highly uncertain. Also, recent studies predict that the oil demand will not reach the pre-crisis level until 2023. Accordingly, crude oil increased by 0.26% at 6:30 PM on 29 March to trade at USD 61.13 per barrel globally. On the other hand, Brent Crude was set at USD 64.76 barrel and traded at a rate of 0.29% higher today.
USD/ INR- Gold Prices
Precious metal prices fell again today after the rising last week amid the resurgence of COVID-19. Accordingly, gold futures decreased by 0.68% or 302.00 Rupees to settle at 44340.00 per 10 grams on the multi-commodity exchange. Similarly, Silver futures fell by 460.00 Rupees or 0.71% to settle at Rs. 64345.00 per kg. The resurgence of the COVID-19 pandemic and the COVID-19 mutants kept precious metals’ prices on edge this year. In the international market, Spot Gold was trading at USD 1725.00 per ounce in New York. On the other hand, Silver traded at USD 23.90 per ounce.
USD/ INR- Sensex Today
The BSE Sensex rose and ended in the green on March 26. Accordingly, Sensex increased by 1.17% or 568.38 points. Thereby ending the session at 49,008.50 at 4:10 PM IST Friday. Similarly, the NIFTY increased by 1.27% or 182.40 points and ended up at 14507.30. The stock market was closed today on the occasion of Holi.