# Rupee recovers 21 paise against US dollar

> The rupee recovered 21 paise to settle at 69.44 per dollar, following a rebound in Asian currencies and a rally in domestic equities. The article also notes the rupee's earlier 104-paise fall to 73.47, and the two figures conflict.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/48925-rupee-recovers-21-paise-against-us-dollar
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A stronger rupee on equity inflows eases the cost of dollar-priced crude and feed imports for India. The conflicting levels in the text make the actual move hard to confirm.

## Read by commodity

- USDINR: bearish ▼

## Sources

- auto.economictimes.indiatimes.com: https://auto.economictimes.indiatimes.com/news/industry/rupee-recovers-21-paise-against-us-dollar/81228085

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