# India central bank well-equipped for post-US election volatility, sources say

> The Reserve Bank of India is seen well equipped to manage volatility around the US election, after the rupee hit a series of record lows this month. The rupee has held a narrow range of 83.79 to 84.09 per dollar, one of the least volatile Asian currencies.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/28159-india-central-bank-well-equipped-for-post-us-election-volatility-sources-say
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Central bank intervention limits rupee swings, so Indian import costs for feed ingredients and vegetable oils stay relatively steady despite the stronger dollar.

## Read by commodity

- USDINR: neutral

## Sources

- reuters.com: https://www.reuters.com/business/finance/india-central-bank-well-equipped-post-us-election-volatility-sources-say-2024-10-31/

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