# Rupee settles 2 paise higher at 72.92 against US dollar | Business News

> The rupee settled 2 paise higher at 72.92 per US dollar on Wednesday ahead of a Federal Reserve policy meeting. The dollar index rose 0.25% to 90.39. Traders cited IMF upgrades to global growth forecasts, including 11.5% growth for India in 2021.

- Date: 2021-01-27 · published 2021-01-27T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/49440-rupee-settles-2-paise-higher-at-72-92-against-us-dollar-business-news
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Small moves in the rupee have little direct effect on feed commodity prices, though a firmer rupee slightly eases Indian import costs.

## Read by commodity

- USDINR: bearish ▼

## Sources

- hindustantimes.com: https://www.hindustantimes.com/business/rupee-settles-2-paise-higher-at-72-92-against-us-dollar-101611743647576.html

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