# Rupee vs USD: INR rises 82.55 against US dollar

> The rupee gained 6 paise to 82.55 per dollar in early trade on Monday, July 10. Brent crude traded near $77.94 and WTI near $73.33, and India's forex reserves rose to $595 billion.

- Date: 2023-08-01 · published 2023-08-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/35314-rupee-vs-usd-inr-rises-82-55-against-us-dollar
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Currency moves of this size have little direct effect on feed prices, though a firmer rupee slightly lowers Indian import costs for feed ingredients.

## Read by commodity

- USDINR: bearish ▼

## Sources

- cnbctv18.com: https://www.cnbctv18.com/market/currency/rupee-vs-dollar-usd-inr-us-wti-crude-oil-benchmark-17167751.htm

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