# A tough road ahead for India's battered rupee: Reuters poll

> A Reuters poll finds the Indian rupee has fallen almost 16% this year, regularly setting all-time lows, making it one of the worst-performing Asian currencies. Investors have shunned emerging market assets amid trade tensions and rising dollar yields from the Federal Reserve's steady rate hikes.

- Date: 2018-11-01 · published 2018-11-01T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/62322-a-tough-road-ahead-for-india-s-battered-rupee-reuters-poll
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A widening current account deficit from higher crude prices and capital outflows has weighed on the rupee, which raises India's import costs. Poll expectations point to continued pressure on the currency.

## Read by commodity

- BRENT: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2023-10-30 | [India rupee likely to struggle despite relief for Asian peers - Markets - Business Recorder](https://feedsoft.ai/events/33909-india-rupee-likely-to-struggle-despite-relief-for-asian-peers-markets-business.md) | -4.9% | -11.5% |
| BRENT | 2024-08-23 | [Oil climbs over 2% after Fed's Powell indicates US rate cuts \| Reuters](https://feedsoft.ai/events/28694-oil-climbs-over-2-after-fed-s-powell-indicates-us-rate-cuts-reuters.md) | +3.5% | -3.3% |
| BRENT | 2026-09-21 | [Indian rupee eyes portfolio flows, oil prices; bonds face liquidity drain \| Reuters](https://feedsoft.ai/events/17744-indian-rupee-eyes-portfolio-flows-oil-prices-bonds-face-liquidity-drain-reuters.md) | +0.4% | +5.4% |
| BRENT | 2026-03-23 | [Indian rupee hits record low as prolonged oil spike pressures economic outlook \| Reuters](https://feedsoft.ai/events/20449-indian-rupee-hits-record-low-as-prolonged-oil-spike-pressures-economic-outlook.md) | +1.5% | -13.8% |
| BRENT | 2019-09-17 | [Rupee furthers loss by 18 paise as crude worries hurt sentiment - India Today](https://feedsoft.ai/events/57384-rupee-furthers-loss-by-18-paise-as-crude-worries-hurt-sentiment-india-today.md) | -5.8% | -14.0% |

## Sources

- reuters.com: https://www.reuters.com/article/us-forex-poll-rupee-reuterspoll/a-tough-road-ahead-for-indias-battered-rupee-reuters-poll-idUSKCN1N63IC/

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