# After achieving 73/$, what’s next on the cards for rupee? - CNBC TV18

> Commentary says the rupee gained nearly 2.8% over seven sessions, outperforming Asian peers, and that the RBI may let the rupee weaken again because of open market operations driving liquidity. The RBI also announced a special OMO round worth Rs 20,000 crore for September.

- Date: 2020-09-01 · published 2020-09-01T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/51381-after-achieving-73-what-s-next-on-the-cards-for-rupee-cnbc-tv18
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

If the RBI allows the rupee to weaken after its gains, Indian import costs for dollar-priced feed ingredients would rise modestly.

## Read by commodity

- USDINR: neutral

## Sources

- cnbctv18.com: https://www.cnbctv18.com/market/currency/after-achieving-73-whats-next-on-the-cards-for-rupee-6796831.htm

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