# Rupee remains largely unchanged vs US dollar — key factors affecting the currency

> The rupee was little changed near 82.80 per dollar as the dollar index traded below 104, while Brent rose to $82.6 and WTI to $78.6 on tight US fuel stocks. Analysts expected a range of 82 to 83 with the RBI possibly intervening to limit moves.

- Date: 2023-01-01 · published 2023-01-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/38492-rupee-remains-largely-unchanged-vs-us-dollar-key-factors-affecting-the-currency
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher crude prices raise India's import costs and pressure the rupee, while a softer dollar supports dollar-priced commodities; the net effect on feed buyers is modest in this range-bound setting.

## Read by commodity

- DXY: neutral
- BRENT: bullish ▲
- USDINR: neutral

## Sources

- cnbctv18.com: https://www.cnbctv18.com/market/currency/indian-rupee-vs-dollar-inr-unchanged-against-usd-key-factors-here-15480501.htm

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