USD/ INR: Indian Rupee Foreign exchange Report 26 February

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USD/ INR: Indian Rupee Foreign exchange Report 26 February

USD/INR- The Indian Rupee settled at 73.60 at 8:55 PM INR on 26 February. The Indian rupee traded between 72.745 and 74.060 immediately. However, t


USD/INR- The Indian Rupee settled at 73.60 at 8:55 PM INR on 26 February. The Indian rupee traded between 72.745 and 74.060 immediately. However, the greenback index is unsure this week. Accordingly, it’s worth elevated by 0.88% and settled at 90.93 as of 5:00 PM EST Friday. 

USD/ INR: Oil Costs

The US WTI crude oil costs fell sharply immediately. Nevertheless, with the continued oil demand concern and the rising coronavirus pandemic, it’s uncertain if the OPEC+ can deal with the sharp fall. Accordingly, crude oil decreased by 3.20% at 8:00 PM on 26 February to commerce at USD 61.50 per barrel globally. However, Brent Crude buying and selling at USD 66.13 per barrel because it was traded 1.12% decrease on Friday.

USD/ INR- Gold Costs

Valuable steel costs started this week on a excessive however fell for 4 consecutive days. Accordingly, gold futures decreased by 1.03% or 474.00 Rupees to settle at 45767.00 per 10 grams on the multi-commodity trade. Likewise, Silver futures plummet by 2007 Rupees or 2.06% to settle at Rs. 67419.00 per kg. The emergence of the COVID-19 pandemic and the COVID-19 mutants stored valuable metals’ costs on edge this yr. Within the worldwide market, Spot Gold was buying and selling at USD 1760per ounce in New York. However, Silver traded at USD 26.78 per ounce.

USD/ INR- Sensex In the present day

The BSE Sensex ended within the week in pink on 26 February. Accordingly, Sensex decreased by 13.80% or 1939.32 factors. Thereby ending the session at 49,099.99 at 4:10 PM IST Friday. Equally, the NIFTY decreased by 3.76% or 568.20 factors and ended up at 14529.15.



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