# Rupee skids 21 paise to 75.94 against USD as crude oil spikes

> The rupee fell 21 paise to 75.94 per dollar on March 30 as Brent rose about 1.9% to $112.30 a barrel. Indian oil marketing companies also raised petrol and diesel prices again, with the total increase over nine days reaching Rs 5.60 per litre.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/42545-rupee-skids-21-paise-to-75-94-against-usd-as-crude-oil-spikes
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher crude and fuel costs raise India's import bill and inflation risk, which pressures the rupee and adds to domestic transport and logistics costs for feed ingredients.

## Read by commodity

- BRENT: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-01-03 | [Rupee plunges against US dollar amid spike in crude prices  - The Hindu](https://feedsoft.ai/events/55369-rupee-plunges-against-us-dollar-amid-spike-in-crude-prices-the-hindu.md) | -1.0% | -13.0% |
| BRENT | 2026-09-09 | [Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass $100 mark - The Hindu](https://feedsoft.ai/events/17749-rupee-plunges-34-paise-to-95-08-against-dollar-as-crude-prices-surpass-100-mark.md) | +10.8% | +4.6% |
| BRENT | 2020-01-20 | [Rupee slips 4 paise to 71.12 against US dollar amid rising crude prices  - The HinduBusinessLine](https://feedsoft.ai/events/55371-rupee-slips-4-paise-to-71-12-against-us-dollar-amid-rising-crude-prices-the.md) | -6.9% | -11.0% |
| BRENT | 2022-03-02 | [Oil price rises again as buyers shun Russian crude](https://feedsoft.ai/events/9459-oil-price-rises-again-as-buyers-shun-russian-crude.md) | +21.0% | +3.3% |
| BRENT | 2024-08-26 | [Palm and soybean oil prices rise in response to recovery in crude oil prices](https://feedsoft.ai/events/28878-palm-and-soybean-oil-prices-rise-in-response-to-recovery-in-crude-oil-prices.md) | -0.2% | -5.6% |

## Sources

- zeebiz.com: https://www.zeebiz.com/india/news-rupee-skids-21-paise-to-7594-against-usd-as-crude-oil-spikes-181860

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