Rupee recovers from 5-year low, up 23 paise at 68.57 against dollar

Not enough comparable past events yet for a historical read.

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Nov 1, 2018Rupee closes at fresh record low against dollar-5.4%
• Feb 14, 2020Rupee settles 6 paise lower at 71.37 against US dollar - The Hindu+5.5%
• Aug 1, 2023Rupee falls 31 paise to 82.23 against the US dollar in early trade+0.6%
• Feb 13, 2019Rupee snaps 6-day rise, settles 10 paise down at 70.80 against U.S. dollar+5.8%
• Oct 8, 2021Rupee slumps 20 paise to close at 74.99 against U.S. dollar - The Hindu+2.2%

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Jul 26, 2023Rupee falls 13 paise to close at 82.01 against US dollar+2.1%
• Oct 31, 2019Rupee rises 9 paise against US dollar after Fed rate cut - The Hindu+2.4%
• Feb 1, 2025Stock market today: Rupee crashes 32 paise to hit record low of 86.36 against U.S. dollar in early trade-2.1%
• Jul 5, 2018Rupee All Time Low: Rupee Slumps To All-Time Closing Low Against U.S. Dollar-5.0%
• Nov 1, 2018Rupee dips further, hits new record closing low of 74.39 against US dollar-5.6%