# Rupee snaps 3-day losing streak; rises 21 paise to 69.70 vs USD- Moneycontrol.com

> The rupee rose 21 paise to 69.70 per dollar, ending a three-day losing streak. The dollar index fell 0.1% to 97.43 ahead of the Fed meeting, with markets expecting a possible rate cut, and Brent eased 0.46% to $60.66 a barrel.

- Date: 2019-06-18 · published 2019-06-18T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/58893-rupee-snaps-3-day-losing-streak-rises-21-paise-to-69-70-vs-usd-moneycontrol-com
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A softer dollar ahead of expected Fed easing and lower crude reduce pressure on emerging-market currencies and import costs, a modest support for dollar-priced feed imports.

## Read by commodity

- USDINR: bearish ▼

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/markets/rupee-snaps-3-day-losing-streak-rises-21-paise-to-69-70-vs-usd-4111941.html

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