# Rupee depreciation to help boost Indian farm, textile and jewellery exports | Finance Other News - Business Standard

> Indian exporters say the rupee's 6% depreciation in 2020 improves competitiveness for farm, textile and gems exports. APEDA data show FY20 agricultural and processed food exports fell to $35.1 billion from $38.5 billion. Analysts see the rupee possibly reaching 80 per dollar.

- Date: 2020-06-30 · published 2020-06-30T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/52895-rupee-depreciation-to-help-boost-indian-farm-textile-and-jewellery-exports
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee can make Indian rice and other farm exports more competitive, which could support Asian rice demand and pressure global rice prices lower.

## Read by commodity

- RICE: bearish ▼
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-11-08 | [India rice prices extend declines on rupee plunge](https://feedsoft.ai/events/27486-india-rice-prices-extend-declines-on-rupee-plunge.md) | +1.9% | +4.8% |
| RICE | 2019-08-22 | [Rupee slide pushes India rice rates to 7-week low, Vietnamese exports dip](https://feedsoft.ai/events/57671-rupee-slide-pushes-india-rice-rates-to-7-week-low-vietnamese-exports-dip.md) | +3.9% | +13.3% |
| RICE | 2021-04-08 | [Weaker currencies push Indian, Thai rice export rates lower – Journalist Association of India (JAI)](https://feedsoft.ai/events/47686-weaker-currencies-push-indian-thai-rice-export-rates-lower-journalist.md) | -0.0% | +7.3% |
| RICE | 2025-02-19 | [How the falling rupee is lowering Indian food prices for UAE shoppers](https://feedsoft.ai/events/26013-how-the-falling-rupee-is-lowering-indian-food-prices-for-uae-shoppers.md) | -4.0% | -3.4% |
| RICE | 2025-12-26 | [Strong baht squeezes rice exports as prices jump](https://feedsoft.ai/events/21592-strong-baht-squeezes-rice-exports-as-prices-jump.md) | -5.1% | +10.3% |

## Sources

- business-standard.com: https://www.business-standard.com/article/finance/rupee-depreciation-to-help-boost-indian-farm-textile-and-jewellery-exports-120063001656_1.html

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