# Rupee ends almost flat; focus on Fed policy, Union Budget

> The rupee ended almost flat at 71.12 against the dollar as traders awaited the US Federal Reserve policy outcome and India's Union Budget. The currency had briefly fallen to 71.36 intraday before recovering.

- Date: 2019-01-30 · published 2019-01-30T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/61357-rupee-ends-almost-flat-focus-on-fed-policy-union-budget
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the local cost of imported feed ingredients, but the move was marginal and largely reflected event positioning rather than a new driver.

## Read by commodity

- USDINR: neutral

## Sources

- thehindu.com: https://www.thehindu.com/business/markets/rupee-ends-almost-flat-focus-on-fed-policy-union-budget/article26129052.ece

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