# How the falling rupee is lowering Indian food prices for UAE shoppers

> The Indian rupee fell nearly 4% against the dollar between November and early February, making Indian food imports into the UAE cheaper. UAE retailers report rice prices down about 20% from their peaks.

- Date: 2025-02-19 · published 2025-02-19T12:00:00.000Z
- Category: macro · region UAE · magnitude low
- Page: https://feedsoft.ai/events/26013-how-the-falling-rupee-is-lowering-indian-food-prices-for-uae-shoppers
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee lowers the dollar cost of Indian rice exports, which supports Indian export competitiveness and adds downward pressure on rice prices.

## Read by commodity

- RICE: bearish ▼
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-11-08 | [India rice prices extend declines on rupee plunge](https://feedsoft.ai/events/27486-india-rice-prices-extend-declines-on-rupee-plunge.md) | +1.9% | +4.8% |
| RICE | 2019-08-22 | [Rupee slide pushes India rice rates to 7-week low, Vietnamese exports dip](https://feedsoft.ai/events/57671-rupee-slide-pushes-india-rice-rates-to-7-week-low-vietnamese-exports-dip.md) | +3.9% | +13.3% |
| RICE | 2018-05-17 | [Bangkok Post - Thai, India rice prices hurt by weaker currencies](https://feedsoft.ai/events/12668-bangkok-post-thai-india-rice-prices-hurt-by-weaker-currencies.md) | -5.0% | -2.0% |
| RICE | 2021-04-08 | [Weaker currencies push Indian, Thai rice export rates lower – Journalist Association of India (JAI)](https://feedsoft.ai/events/47686-weaker-currencies-push-indian-thai-rice-export-rates-lower-journalist.md) | -0.0% | +7.3% |
| RICE | 2019-11-05 | [Strong baht poses challenges to Thai rice farmers](https://feedsoft.ai/events/56135-strong-baht-poses-challenges-to-thai-rice-farmers.md) | +1.7% | +6.5% |

## Sources

- gulfnews.com: https://gulfnews.com/business/retail/for-uae-shoppers-india-rupee-drop-is-helping-with-their-food-bills-too-1.500040460

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