# Here are the factors that are driving the Indian rupee- Moneycontrol.com

> Analysts said lower crude prices will give the rupee some relief, but capital market outflows are likely to have a larger effect during risk-averse periods. They also noted that offshore one-month USD/INR forwards have traded well above onshore levels, and that thin liquidity has exaggerated price moves.

- Date: 2020-04-10 · published 2020-04-10T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/53927-here-are-the-factors-that-are-driving-the-indian-rupee-moneycontrol-com
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Currency swings from thin liquidity and foreign outflows affect the dollar cost of Indian imports. Lower oil prices partly offset that pressure, so the net effect on USD/INR is mixed.

## Read by commodity

- USDINR: neutral

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/markets/here-are-the-factors-that-are-driving-the-indian-rupee-5130471.html

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