# Rupee falls 1 paisa to close at 83.04 against dollar

> The rupee settled at 83.04 per dollar on a 1 paisa loss after breaking a six-day gaining streak. Foreign fund outflows and a recovery in crude prices offset positive equity sentiment, and traders awaited US inflation data.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/32388-rupee-falls-1-paisa-to-close-at-83-04-against-dollar
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Routine daily currency moves have negligible effect on feed commodity prices. The story reflects normal market noise rather than a new supply or demand driver.

## Read by commodity

- USDINR: neutral

## Sources

- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/business/markets/sensex/rupee-falls-1-paisa-to-close-at-83-04-against-dollar/articleshow/106730366.cms

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