# Three reasons why the rupee fell on Friday - Rediff.com Business

> The rupee fell sharply on February 26, settling at 73.47 per dollar, after Indian equities dropped nearly 4% on rising US bond yields. Analysts expected further pressure as markets feared US rate increases following a planned $1.9 trillion stimulus package.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/48404-three-reasons-why-the-rupee-fell-on-friday-rediff-com-business
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Equity outflows and a stronger dollar weaken the rupee, raising the cost of dollar-priced imports for India. The story concerns currency and equity flows, with little direct effect on feed commodities.

## Read by commodity

- USDINR: bullish ▲

## Sources

- rediff.com: https://www.rediff.com/business/interview/three-reasons-why-the-rupee-fell-on-friday/20210301.htm

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