# Rupee firms up 5 paise at 71.71 against dollar amid foreign fund inflows, lower crude oil prices – Firstpost

> The rupee gained 5 paise to close at 71.71 per dollar, aided by foreign fund inflows and lower crude prices. It touched an intraday low of 71.87 before recovering.

- Date: 2019-11-22 · published 2019-11-22T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/56368-rupee-firms-up-5-paise-at-71-71-against-dollar-amid-foreign-fund-inflows-lower
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Lower crude and steady inflows strengthen the rupee, which slightly lowers the rupee cost of dollar-priced feed imports, though the move is small.

## Read by commodity

- USDINR: bearish ▼

## Sources

- firstpost.com: https://www.firstpost.com/business/rupee-firms-up-5-paise-at-71-71-against-dollar-amid-foreign-fund-inflows-lower-crude-oil-prices-7688561.html

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