# Indian rupee ends down more than 10% in 2022, worst since 2013 | Reuters

> The Indian rupee ended 2022 down 10.14%, its biggest annual decline since 2013, closing at 82.72 per dollar versus 74.33 at the end of 2021. The fall came as the dollar rallied on the Federal Reserve's aggressive tightening, and the Japanese yen was the only other Asian currency to fall more.

- Date: 2022-12-30 · published 2022-12-30T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/38490-indian-rupee-ends-down-more-than-10-in-2022-worst-since-2013-reuters
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker rupee raises the local-currency cost of imported feed inputs and raises India's import bill, while a strong dollar generally weighs on dollar-denominated grain and meal prices.

## Read by commodity

- DXY: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-07-31 | [Pound heads for worst month since 2022 budget crisis \| Reuters](https://feedsoft.ai/events/24020-pound-heads-for-worst-month-since-2022-budget-crisis-reuters.md) | -0.7% | -0.6% |
| DXY | 2024-12-18 | [Gold falls more than 2% after Fed signals rate-cut slowdown in 2025](https://feedsoft.ai/events/26848-gold-falls-more-than-2-after-fed-signals-rate-cut-slowdown-in-2025.md) | +0.7% | +1.5% |
| DXY | 2025-10-31 | [Yen faces worst monthly drop since July as BOJ disappoints \| Reuters](https://feedsoft.ai/events/22613-yen-faces-worst-monthly-drop-since-july-as-boj-disappoints-reuters.md) | +0.3% | -0.2% |
| DXY | 2021-11-26 | [India rupee sees worst week in seven on new variant - Markets - Business Recorder](https://feedsoft.ai/events/44318-india-rupee-sees-worst-week-in-seven-on-new-variant-markets-business-recorder.md) | -0.2% | -0.6% |
| DXY | 2022-08-08 | [Indian rupee weakens on Fed rate hike bets, dollar demand from importers \| Reuters](https://feedsoft.ai/events/40317-indian-rupee-weakens-on-fed-rate-hike-bets-dollar-demand-from-importers-reuters.md) | -1.1% | +1.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/indian-rupee-ends-2022-worst-performing-asian-currency-2022-12-30/

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