# As rupee hits new lows, real effective exchange rate soars to an all-time high | Business News - The Indian Express

> The rupee's real effective exchange rate reached a record 108.14 in November, up 4.5% this calendar year, even as the nominal rupee hit new lows against the dollar. The divergence reflects the dollar's movement after Trump's election victory.

- Date: 2024-12-25 · published 2024-12-25T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/27230-as-rupee-hits-new-lows-real-effective-exchange-rate-soars-to-an-all-time-high
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

The gap between nominal and real effective rates signals that India's currency is strong on a trade-weighted basis, which can limit export gains and keep import costs elevated.

## Read by commodity

- USDINR: neutral

## Sources

- indianexpress.com: https://indianexpress.com/article/business/economy/as-rupee-hits-new-lows-real-effective-exchange-rate-soars-to-an-all-time-high-9744407/

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