# Rupee vs Dollar: INR at one-month high versus USD

> The rupee hit a one-month high of 81.97 per US dollar on March 3, helped by Adani-related inflows and a weaker dollar index. Brent was near $84.4 a barrel that day.

- Date: 2023-04-01 · published 2023-04-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/37139-rupee-vs-dollar-inr-at-one-month-high-versus-usd
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A stronger rupee lowers the local-currency cost of Indian import demand, but the move is small and short-lived for feed markets.

## Read by commodity

- USDINR: neutral

## Sources

- cnbctv18.com: https://www.cnbctv18.com/market/currency/rupee-vs-dollar-inr-jumps-against-usd-greenback-crude-oil-benchmarks-brent-wti-16087621.htm

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