# Indian rupee unmoved before key US data, election; premiums rise - Markets - Business Recorder

> The Indian rupee was flat at 84.0750 per dollar on Wednesday ahead of key US PCE data and the presidential election. Forward premiums rose as US Treasury yields dipped, and traders expected sizeable moves after the November 5 vote.

- Date: 2024-10-30 · published 2024-10-30T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/28165-indian-rupee-unmoved-before-key-us-data-election-premiums-rise-markets-business
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Pre-election stability in the rupee keeps Indian import costs steady for now, but expected post-election volatility could shift dollar-priced feed and oil import costs.

## Read by commodity

- USDINR: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40329763

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