# Rupee eyes Fed rate projections after in-line US inflation data

> The Indian rupee was expected to open little changed around 83.39 per dollar after in-line US inflation data. Traders were focused on Federal Reserve rate projections.

- Date: 2023-12-13 · published 2023-12-13T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/33002-rupee-eyes-fed-rate-projections-after-in-line-us-inflation-data
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Routine currency moves of this size have little direct effect on feed import costs. The story reflects broader dollar sentiment tied to expected Fed easing.

## Read by commodity

- USDINR: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/rupee-eyes-fed-rate-projections-after-in-line-us-inflation-data-2023-12-13/

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