# Rupee to underperform in 2019 even as dollar's dominance diminishes: Poll

> A Reuters poll of more than 55 foreign exchange strategists expects the rupee to underperform against the dollar in 2019, ahead of a national election in May. The poll forecasts the rupee at 71.0 per dollar in a year from about 71.8, and it has already lost about 3% this year.

- Date: 2019-02-06 · published 2019-02-06T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/60872-rupee-to-underperform-in-2019-even-as-dollar-s-dominance-diminishes-poll
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Forecasts of a weak rupee through 2019 suggest sustained higher import costs for Indian feed buyers. The forecast is modest, so a sharp change in prices is not expected.

## Read by commodity

- USDINR: neutral

## Sources

- vccircle.com: https://www.vccircle.com/rupee-to-underperform-in-2019-even-as-dollar-s-dominance-diminishes-poll

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