# Rupee ends at record low vs dollar as US Treasury yields hit 15-year high

> The rupee slipped 1 paisa to a record low of 83.10 against the dollar on August 18 as foreign funds withdrew and domestic equities weakened. The rupee traded between 83.02 and 83.13 during the session. Traders expected a negative bias on risk aversion and a stronger dollar.

- Date: 2023-09-01 · published 2023-09-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/34866-rupee-ends-at-record-low-vs-dollar-as-us-treasury-yields-hit-15-year-high
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

This is routine currency commentary driven by equity outflows rather than agricultural fundamentals. It has little direct bearing on feed prices.

## Read by commodity

- USDINR: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/finance/news/rupee-falls-to-near-10-month-intraday-low-in-early-trade-appreciates-later-123081700226_1.html

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