Code USD(Bid) INR(Bid) USD(Ask) INR(Ask)
USD 96.4450 96.4550
EUR 1.14138 110.0804 1.14146 110.0995
GBP 1.34334 129.5584 1.34337 129.5748
JPY 162.516 59.3438 162.519 59.3511
CHF 0.81011 119.0473 0.81014 119.0641
SGD 1.29126 74.6866 1.29133 74.6984
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The Rupee opened weak after oil prices extended their rally, with Brent crude ?rising above $90 per barrel on an escalation of hostilities between ?the U.S. and Iran in the Middle East. The ?currency has fallen 1.7% this month, weighed by a renewed rally ?in oil prices, and is now within striking distance of ?its all-time low of 96.96 touched in May. After hitting those lows, the ?rupee had found relief from what has since proved to be a short-lived ?decline in oil prices and measures by the Reserve Bank of India aimed at attracting dollar inflows. An improvement in foreign inflows into Indian equities had further lent ?support to the currency. That relief has proved fleeting, however, with oil prices ?resuming their upward march. Brent crude rose 2.7% on Monday to cross $90 a barrel for ?the ?first time in nearly six weeks. At the height of optimism over a potential U.S.-Iran peace deal, it had fallen to near $70 a barrel. The Middle East conflict escalated over the weekend, with the U.S. carrying out a ?ninth consecutive night ?of attacks on ?Iran, while U.S. allies Kuwait and Bahrain reported fresh Iranian strikes. The dollar made a modest advance against most of its global peers at the start of Asian trading on Monday as ?the conflict in the Middle East escalated, with oil prices rising ?and investor confidence remaining fragile after turbulence last week. The U.S. dollar climbed 0.1% to 162.48 yen , the greenback's strongest level since July 9, as geopolitical tensions rose and investors sought safe-haven ?assets. The euro was down 0.1% at $1.1426, while the British pound was ?level at $1.3445. The Australian dollar slipped 0.1% to $0.6975, while the New ?Zealand dollar declined 0.2% to $0.5833. The ?U.S. dollar index , which measures the greenback's strength ?against a basket of six currencies, was up 0.1% at 100.84.......
The US dollar weakened sharply against other major currencies after data showed that the US economy suffered a record contraction in Apr-Jun, while jobless claims rose in the week ended Saturday also rose.The US unit also extended its decline globally on Thursday after Trump raised the possibility of delaying presidential election in the US, scheduled for November.European Stocks ended lower on Thursday due to mounting concern over sluggish economic recovery and a possible second wave of the COVID-19 pandemic.Germany reported its worst decline in GDP since 1970, with the Eurozone’s largest economy shrinking 10.1% quarter-on-quarter in Apr-Jun.Corporate earnings were high on investors' agenda on Thursday.In the US, Most share indices ended lower on Wednesday following bleak economic data.Lack of progress in talks between Congressional Democrats, Republicans and the White House on a new coronavirus aid package also weighed on sentiment.Gold futures settled lower on Thursday after nine consecutive days of gains, with the bullion retreating from a record rally as traders booked some profit.......

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  • Gold : 3329.5 US$/ozNIKKEI : 33429.00
  • SILVER : 36.22 US$/ozFTSE 100 : 7440.00
  • BRENT CRUDE : 67.75 US$/bblDOW JONES : 34827.00
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  • Aluminum Alloy : 2509 US$/tonBSE : 83409.69
  • TIN : 33661 US$/tonUS Dollar Index : 96.90
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