# Rupee rate today: Gilts, rupee gain as October CPI inflation rise lower than expected - The Economic Times

> Indian government bonds and the rupee gained on Monday after October CPI inflation came in at 4.48%, slightly above September but below expectations. The rupee opened at 74.39 per dollar and traded in a narrow range. The 10-year yield was around 6.35%.

- Date: 2021-11-15 · published 2021-11-15T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/44320-rupee-rate-today-gilts-rupee-gain-as-october-cpi-inflation-rise-lower-than
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Softer-than-feared inflation reduces pressure on the RBI to tighten quickly, supporting the rupee. This is a currency and rates story with little direct effect on feed commodity prices.

## Read by commodity

- USDINR: bearish ▼

## Sources

- m.economictimes.com: https://m.economictimes.com/markets/forex/gilts-rupee-gain-as-october-cpi-inflation-rise-lower-than-expected/articleshow/87710685.cms

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