# Rupee edges higher at 74.81 against US dollar | Kashmir Reader

> The rupee closed 3 paise higher at 74.81 per dollar on Friday as the dollar index fell 0.22% to 92.81. The US economy contracted a record 32.9% annualised in the last quarter, and Brent crude rose to $43.25 a barrel.

- Date: 2020-07-31 · published 2020-07-31T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/52386-rupee-edges-higher-at-74-81-against-us-dollar-kashmir-reader
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Broad dollar weakness supports emerging-market currencies, modestly lowering India's import costs for feed and energy inputs.

## Read by commodity

- DXY: bearish ▼
- USDINR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-04-28 | [Ringgit Opens Higher Against US dollar](https://feedsoft.ai/events/36679-ringgit-opens-higher-against-us-dollar.md) | -0.3% | +1.2% |
| DXY | 2025-12-01 | [Dollar edges up against dong](https://feedsoft.ai/events/22246-dollar-edges-up-against-dong.md) | -0.3% | -1.2% |
| DXY | 2022-12-14 | [Ringgit ends higher against US dollar on softer US CPI data](https://feedsoft.ai/events/38498-ringgit-ends-higher-against-us-dollar-on-softer-us-cpi-data.md) | +0.2% | -2.0% |
| DXY | 2017-07-27 | [No Rate Hike by US Fed, Rupee Surges against Dollar - AxisDirect](https://feedsoft.ai/events/70276-no-rate-hike-by-us-fed-rupee-surges-against-dollar-axisdirect.md) | -0.6% | -0.5% |
| DXY | 2021-07-30 | [Ringgit opens marginally higher against US dollar \| Malay Mail](https://feedsoft.ai/events/46328-ringgit-opens-marginally-higher-against-us-dollar-malay-mail.md) | +0.3% | +1.2% |

## Sources

- kashmirreader.com: https://kashmirreader.com/2020/08/01/rupee-edges-higher-at-74-81-against-us-dollar/

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