# Can the Budget provide some cushion for the rupee? - The HinduBusinessLine

> The rupee has been the second-worst performing Asian currency against the dollar in 2022, down 0.94%, after a sharp fall following the Fed meeting. Analysts point to Russia-Ukraine tensions and the upcoming RBI policy meeting as key risks.

- Date: 2022-01-29 · published 2022-01-29T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/43417-can-the-budget-provide-some-cushion-for-the-rupee-the-hindubusinessline
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Continued rupee weakness raises the cost of dollar-denominated feed and oilseed imports for India, and the outlook depends on Fed and geopolitical developments that also move global commodity prices.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/portfolio/news-analysis/can-the-budget-provide-some-cushion-for-the-rupee/article64944780.ece

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