# Rupee - Currency Outlook - Feb 25, 2022 - Reliance Securities | EquityBulls

> The Indian rupee fell sharply on February 24 after Russia invaded Ukraine, closing at 75.65 from 74.56 in the prior session and testing 76.00 intraday. Crude oil rose nearly 8% and foreign institutional investors were net sellers, with Indian bond yields also rising.

- Date: 2022-02-25 · published 2022-02-25T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/42989-rupee-currency-outlook-feb-25-2022-reliance-securities-equitybulls
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A sharp rupee drop and oil spike raise import costs for India, a major buyer of edible oils and feed inputs. Higher crude also increases diesel and freight costs along the feed supply chain.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-07-11 | [U.S., Japan agree to tackle currency, economic impact of Ukraine war \| Reuters](https://feedsoft.ai/events/40733-u-s-japan-agree-to-tackle-currency-economic-impact-of-ukraine-war-reuters.md) | -3.5% | -11.6% |
| BRENT | 2024-03-28 | [Oil rises more than $1 a barrel on tighter supply outlook](https://feedsoft.ai/events/31366-oil-rises-more-than-1-a-barrel-on-tighter-supply-outlook.md) | +5.8% | +3.6% |
| BRENT | 2026-03-08 | [Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt \| Reuters](https://feedsoft.ai/events/5227-oil-jumps-to-2022-high-on-iran-war-falls-after-close-as-russia-sanctions-in.md) | +9.5% | +25.6% |
| BRENT | 2019-07-31 | [OPEC oil output hits lowest since 2011 on Saudi cut, sanctions: Reuters survey](https://feedsoft.ai/events/58012-opec-oil-output-hits-lowest-since-2011-on-saudi-cut-sanctions-reuters-survey.md) | -7.6% | -7.3% |
| BRENT | 2025-02-20 | [The Commodities Feed: EU agrees on another Russian sanctions package \| articles \| ING THINK](https://feedsoft.ai/events/26238-the-commodities-feed-eu-agrees-on-another-russian-sanctions-package-articles.md) | -4.2% | -6.3% |
| DIESEL | 2023-01-28 | [The Outlook for Diesel: Supply Woes Aren’t Going Away Soon](https://feedsoft.ai/events/37967-the-outlook-for-diesel-supply-woes-aren-t-going-away-soon.md) | -14.4% | -13.8% |
| DIESEL | 2022-02-24 | [Afternoon Market Recap for February 24, 2022 – The Seam](https://feedsoft.ai/events/8526-afternoon-market-recap-for-february-24-2022-the-seam.md) | +25.9% | +47.7% |
| DIESEL | 2026-03-08 | [Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt \| Reuters](https://feedsoft.ai/events/5227-oil-jumps-to-2022-high-on-iran-war-falls-after-close-as-russia-sanctions-in.md) | +10.4% | +19.4% |

## Sources

- equitybulls.com: https://www.equitybulls.com/news/308767/rupee-currency-outlook-feb-25-2022-reliance-securities

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