# As RBI buys dollars, Rupee falls 2.5% in 2019 despite huge foreign funds flow | Business News - The Indian Express

> The Reserve Bank of India appears to be containing rupee appreciation despite strong foreign portfolio inflows, which has left the currency about 2.5% weaker in 2019. Officials argue a weaker rupee supports exports and competitiveness while the economy is slowing.

- Date: 2019-12-08 · published 2019-12-08T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/55855-as-rbi-buys-dollars-rupee-falls-2-5-in-2019-despite-huge-foreign-funds-flow
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A deliberately weak rupee keeps Indian import costs for feed ingredients elevated and supports Indian export competitiveness for meal and other products.

## Sources

- indianexpress.com: https://indianexpress.com/article/business/as-rbi-buys-dollars-re-falls-2-5-in-2019-despite-huge-foreign-funds-flow-6157305/

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