# Rupee one of the worst performers among its Asian peers in the past 1 year | Economy & Policy News - Business Standard

> The rupee has been one of the weaker Asian currencies over the past year, down about 2% against the dollar since January 2019. Slower Indian economic growth and rising inflation are the main drags, while foreign capital inflows cushioned the decline.

- Date: 2020-01-22 · published 2020-01-22T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/55368-rupee-one-of-the-worst-performers-among-its-asian-peers-in-the-past-1-year
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Persistent rupee weakness raises the local cost of dollar-priced imports, including feed ingredients and energy, and tightens India's import margins.

## Read by commodity

- USDINR: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/rupee-one-of-the-worst-performers-among-its-asian-peers-in-the-past-1-year-120012201842_1.html

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