# Indian rupee little changed - Business & Finance - Business Recorder

> The Indian rupee traded in a narrow range on August 26, closing at 79.88 per dollar. Strong dollar demand from oil importers held the currency back even as the greenback weakened.

- Date: 2022-08-26 · published 2022-08-26T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/40320-indian-rupee-little-changed-business-and-finance-business-recorder
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Oil importers' dollar demand with crude above $100 keeps India's import costs elevated, which can raise feed input prices.

## Read by commodity

- BRENT: bullish ▲
- USDINR: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40193863

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