# India News | Rupee Slips by 5 Paise on Strong Dollar, US-China Tensions | LatestLY

> The rupee depreciated 5 paise to settle at 75.71 against the dollar on May 27 amid rising US-China tensions. The dollar index rose 0.17% to 99.08, and the rupee traded in a narrow range.

- Date: 2020-05-27 · published 2020-05-27T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/53407-india-news-rupee-slips-by-5-paise-on-strong-dollar-us-china-tensions-latestly
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Small currency moves have limited direct effect on feed costs, though a weaker rupee marginally raises the cost of imported feed ingredients.

## Read by commodity

- USDINR: bullish ▲

## Sources

- latestly.com: https://www.latestly.com/agency-news/india-news-rupee-slips-by-5-paise-on-strong-dollar-us-china-tensions-1782125.html

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