# Why rupee is once again under pressure - BusinessToday

> The rupee fell 47 paise to 69.82 per dollar in early trade on Monday, its weakest level in over a month. Brent rose toward $73.79 after reports that the Trump administration would end sanctions waivers for importers of Iranian oil, including India and China. Importer dollar demand and a weaker equity opening added to the pressure.

- Date: 2019-04-22 · published 2019-04-22T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/59886-why-rupee-is-once-again-under-pressure-businesstoday
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

The end of Iranian oil waivers lifts crude costs for a major importer, pushing the rupee weaker and supporting higher energy prices across commodity markets.

## Read by commodity

- BRENT: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2023-04-03 | [Rupee weakens against dollar after OPEC+ supply cut, recovers later \| News - Business Standard](https://feedsoft.ai/events/36665-rupee-weakens-against-dollar-after-opec-supply-cut-recovers-later-news-business.md) | +7.4% | +1.0% |
| BRENT | 2022-03-07 | [India rupee falls to lifetime low as oil prices surge; yields rise - Markets - Business Recorder](https://feedsoft.ai/events/42547-india-rupee-falls-to-lifetime-low-as-oil-prices-surge-yields-rise-markets.md) | -4.6% | -13.0% |
| BRENT | 2018-12-07 | [OPEC and Russia agree to slash oil production \| CNN Business](https://feedsoft.ai/events/61456-opec-and-russia-agree-to-slash-oil-production-cnn-business.md) | +2.2% | -2.9% |
| BRENT | 2026-08-31 | [Brent nears $90 after US-Iran strikes: Why is crude oil price rising?](https://feedsoft.ai/events/18055-brent-nears-90-after-us-iran-strikes-why-is-crude-oil-price-rising.md) | +10.8% | +22.9% |
| BRENT | 2020-01-20 | [Rupee slips 4 paise to 71.12 against US dollar amid rising crude prices  - The HinduBusinessLine](https://feedsoft.ai/events/55371-rupee-slips-4-paise-to-71-12-against-us-dollar-amid-rising-crude-prices-the.md) | -6.9% | -11.0% |

## Sources

- businesstoday.in: https://www.businesstoday.in/latest/story/why-rupee-is-once-again-under-pressure-191471-2019-04-22

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