# Rupee falls 1 paisa to 83.38 against US dollar in early trade

> The rupee fell one paisa to 83.38 per dollar in early trade on December 13. Crude oil fell from above $76 to about $73 per barrel, while retail inflation rose to 5.55% in November.

- Date: 2024-01-01 · published 2024-01-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/33006-rupee-falls-1-paisa-to-83-38-against-us-dollar-in-early-trade
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Small daily rupee moves carry little price signal for feed buyers. Lower crude prices slightly ease the import bill for India.

## Read by commodity

- WTI: bearish ▼
- USDINR: neutral

## Sources

- indianexpress.com: https://indianexpress.com/article/business/market/rupee-falls-paisa-83-38-against-us-dollar-early-trade-9066061/
- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/business/india-business/rupee-falls-3-paise-to-close-at-83-36-against-us-dollar/articleshow/105727446.cms

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