Rupee Gains By 6 Paise, Stands At 79.86 Against US Dollars
After declining for days, on August 26, the rupee gained 6 paise to 79.86 against US Dollar. As per the early market trend, the dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.05% to 108.51. Furthermore, BSE Sensex was trading 471.65 points or 0.80 per cent up at 59,246.37. Similarly, the broader NSE Nifty rose 139.50 points or 0.80 per cent to 17,661.95.
Tags: US Dollar, NSE, Indian Rupee, trade, Brent Crude
Courtesy: The Free Press Journal
As Demands Fall, Oil Price In US Drops To Lowest Since May At $66
As the new Delta variant spreads across causing the rise in Covid cases globally, it has also severely affected international markets. The Crude Oil prices on August 19 in the US fell to an all-time low to $66 per barrel since May 2021. The price of Oil companies went down for six days in a row as their demand fell. The US claims one of the most numbers Covid related fatalities.
Tags: International Oil Markets, INTERNATIONAL CRUDE OIL, Brent Crude, US crude
Courtesy: The Economic Times