# Rupee falls for 3rd day; slips 4 paise to 69.87 vs USD- Moneycontrol.com

> The rupee fell for a third straight day, closing 4 paise lower at 69.87 per dollar on May 30. The dollar strengthened and investors awaited the allocation of key portfolios in the new government. Foreign fund inflows and easing crude prices limited losses.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/59363-rupee-falls-for-3rd-day-slips-4-paise-to-69-87-vs-usd-moneycontrol-com
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Small currency moves change the local cost of dollar-priced feed imports, but the effect on international feed commodity prices is negligible. The story is routine currency market commentary.

## Read by commodity

- USDINR: neutral

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/markets/rupee-falls-for-3rd-day-slips-4-paise-to-69-87-vs-usd-4046641.html

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