# India rupee, bonds fall for second straight month; RBI policy in focus | Money & Forex Markets - Business Standard

> The Indian rupee closed July at 74.41 per dollar, losing 0.1% on the month after a 2.4% fall in June. The 10-year bond yield rose for a second straight month to close at 6.20%, with high global crude weighing on sentiment.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/46342-india-rupee-bonds-fall-for-second-straight-month-rbi-policy-in-focus-money-and
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the local cost of imported feed inputs such as soymeal and corn, while higher crude adds to freight and energy costs for Indian feed buyers.

## Read by commodity

- USDINR: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/finance/india-rupee-bonds-fall-for-second-straight-month-rbi-policy-in-focus-121073001043_1.html

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