# India File: A perfect storm for the rupee | Reuters

> The Indian rupee is on track for its worst annual performance in 14 years, down about 11% to 94.83 per US dollar. A central bank-linked order prompted a sharp rebound on Monday as banks unwound trades.

- Date: 2026-03-31 · published 2026-03-31T12:00:00.000Z
- Category: macro · region India · magnitude medium
- Page: https://feedsoft.ai/events/20447-india-file-a-perfect-storm-for-the-rupee-reuters
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the cost of dollar-priced imports, including feed ingredients and energy, which can push up India's import costs and affect its demand for feed commodities.

## Read by commodity

- USDINR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/india/india-file-perfect-storm-rupee-2026-03-31/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.