# Rupee falls for 5th straight session, settles 9 paise down at 74.23/$ - The Statesman

> The rupee fell 9 paise to 74.23 per dollar on Thursday, its fifth straight session of losses, as risk aversion and foreign fund outflows weighed. Analysts said markets were pricing in a rollback of pandemic-era easing as growth recovers. The dollar index slipped slightly to 94.29.

- Date: 2021-09-30 · published 2021-09-30T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/45339-rupee-falls-for-5th-straight-session-settles-9-paise-down-at-74-23-the-statesman
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the rupee cost of imported feed ingredients for Indian buyers. The move is a routine daily decline driven by sentiment rather than a new supply or policy shock.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thestatesman.com: https://www.thestatesman.com/business/rupee-falls-5th-straight-session-settles-9-paise-74-23-1503013314.html

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