# Indian Rupee Set To Strengthen With USD Weakness And Inflows - Finimize

> The rupee ended the prior week at 83.70 per dollar, a slight 0.1% decline. Data showing easing US inflation pushed the dollar index lower, and India received about $11 billion in portfolio inflows in September.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/28613-indian-rupee-set-to-strengthen-with-usd-weakness-and-inflows-finimize
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Expected rupee strength and capital inflows would lower the dollar-rupee rate and modestly reduce the local cost of imported commodities.

## Read by commodity

- USDINR: bearish ▼

## Sources

- finimize.com: https://finimize.com/content/indian-rupee-set-to-strengthen-with-usd-weakness-and-inflows

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