# Is the Indian rupee overvalued?

> The rupee was described as Asia's worst performer before the elections and the best after Modi's victory. Analysts are divided on whether it is overvalued, with merchandise export growth falling to 0.64 percent in April. The rupee was trading around 69 per dollar at the time.

- Date: 2019-05-27 · published 2019-05-27T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/59362-is-the-indian-rupee-overvalued
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Weak export growth and currency debate point to pressure on India's trade balance and import demand. The commentary carries little direct weight for feed commodity prices.

## Read by commodity

- USDINR: neutral

## Sources

- theprint.in: https://theprint.in/talk-point/is-the-indian-rupee-overvalued/241711/

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