# Rupee Slips 6 Paise to 68.95 Vs USD in Early Trade | LatestLY

> The rupee fell 6 paise to 68.95 against the dollar in early trade on July 29 amid foreign fund outflows and a cautious equity open. Traders were awaiting the Fed meeting on July 31 and US-China trade talks.

- Date: 2019-07-29 · published 2019-07-29T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/58373-rupee-slips-6-paise-to-68-95-vs-usd-in-early-trade-latestly
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Small rupee moves against the dollar have limited effect on feed import costs. The main drivers are external events such as the Fed decision and trade talks.

## Read by commodity

- USDINR: bullish ▲

## Sources

- latestly.com: https://www.latestly.com/agency-news/rupee-slips-6-paise-to-68-95-vs-usd-in-early-trade-1053686.html

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