Indian rupee weakens slightly on dollar demand from state-run banks, importers - Markets

Not enough comparable past events yet for a historical read.

After 323 past bullish macro events, BRENT moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Oct 30, 2023India rupee likely to struggle despite relief for Asian peers - Markets - Business Recorder-4.9%
• Jan 4, 2021Fitch Solutions revises forecast, says Indian rupee to trade weaker in 2021 | Money & Forex Markets - Business Standard+8.2%
• Sep 28, 2023Indian rupee poised to test record low as oil prices, US yields climb - Markets - Business Recorder-9.3%
• Dec 3, 2018Rupee ends 4-day winning run, drops 88p at 70.46 per dollar on oil price | Money & Forex Markets - Business Standard+6.0%
• Jun 28, 2018Indian rupee hits record low against US dollar; RBI intervenes - The Business Times+0.7%