# Why is the Indian rupee falling against the US dollar? | Explained News - The Indian Express

> The rupee has breached 85 per US dollar, versus about 83 in April and about 61 a decade ago, as the currency keeps weakening against the dollar. The article explains how exchange rates are set by relative demand for each currency.

- Date: 2024-12-21 · published 2024-12-21T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/27232-why-is-the-indian-rupee-falling-against-the-us-dollar-explained-news-the-indian
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A structurally weaker rupee makes dollar-priced imports such as crude oil, fertilizer and vegetable oils more expensive for India, which can reduce its import demand.

## Read by commodity

- WTI: neutral
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-26 | [Rupee edges lower against dollar: Why the 95 mark is in focus - CNBC TV18](https://feedsoft.ai/events/17315-rupee-edges-lower-against-dollar-why-the-95-mark-is-in-focus-cnbc-tv18.md) | -3.2% | — |
| WTI | 2026-06-11 | [IDR/USD: Why the Rupiah Is Falling and What It Means for Indonesia’s Economy - Bloomberg](https://feedsoft.ai/events/19106-idr-usd-why-the-rupiah-is-falling-and-what-it-means-for-indonesia-s-economy.md) | -14.0% | -24.3% |
| WTI | 2022-05-10 | [Rupee near all-time low: What's wrong with the currency? Can it fall more? \| Stock Market News](https://feedsoft.ai/events/41690-rupee-near-all-time-low-what-s-wrong-with-the-currency-can-it-fall-more-stock.md) | +10.7% | +15.9% |
| WTI | 2022-05-17 | [US Dollar Index: Three reasons why DXY is unlikely to peak yet – BofA: Analytics and Market news from 17 May 2022 08:03](https://feedsoft.ai/events/41622-us-dollar-index-three-reasons-why-dxy-is-unlikely-to-peak-yet-bofa-analytics.md) | -3.3% | +4.2% |
| WTI | 2022-05-31 | [Rupee plunges to all-time low of 77.71 against dollar as U.S. Treasury yields spike](https://feedsoft.ai/events/41685-rupee-plunges-to-all-time-low-of-77-71-against-dollar-as-u-s-treasury-yields.md) | +3.0% | -1.7% |

## Sources

- indianexpress.com: https://indianexpress.com/article/explained/explained-economics/indian-rupee-us-dollar-9736693/

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