# Rupee gets cushion from stock flows, current account surplus amid pandemic | Economy & Policy News - Business Standard

> The rupee has gained more than 2% in the third quarter, supported by India's record current account surplus and stock inflows, outperforming the Indonesian rupiah. Analysts note the currency's strength is occurring despite a weak economy and high inflation.

- Date: 2020-10-06 · published 2020-10-06T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/50897-rupee-gets-cushion-from-stock-flows-current-account-surplus-amid-pandemic
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A firmer rupee lowers the domestic cost of dollar-priced feed and oilseed imports, though the gains face pressure from high inflation constraining policy.

## Read by commodity

- USDINR: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/rupee-gets-cushion-from-stock-flows-current-account-surplus-amid-pandemic-120100600163_1.html

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