# Rupee Suffers 43 Paise Knock to Close at Lifetime Low of 69.05 Against Dollar | India.com

> The rupee closed at a lifetime low of 69.05 per dollar, falling 43 paise after Fed chair testimony strengthened expectations of US rate hikes and pushed the dollar to a one-year high. A no-confidence motion against the Modi government also weighed on sentiment.

- Date: 2018-07-19 · published 2018-07-19T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/64320-rupee-suffers-43-paise-knock-to-close-at-lifetime-low-of-69-05-against-dollar
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and a record-low rupee raise the local cost of dollar-priced feed imports into India. Rate-hike expectations in the US add pressure on emerging-market currencies.

## Read by commodity

- DXY: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-03-01 | [Rupee opens 3 paise down at 70.77 against dollar - The Economic Times](https://feedsoft.ai/events/60392-rupee-opens-3-paise-down-at-70-77-against-dollar-the-economic-times.md) | +1.1% | +0.9% |
| DXY | 2022-05-31 | [Rupee plunges to all-time low of 77.71 against dollar as U.S. Treasury yields spike](https://feedsoft.ai/events/41685-rupee-plunges-to-all-time-low-of-77-71-against-dollar-as-u-s-treasury-yields.md) | +0.0% | +2.0% |
| DXY | 2022-05-09 | [Indian Rupee Plunges to All-Time Low Against USD: Factors Driving the Slump? By Investing.com](https://feedsoft.ai/events/41691-indian-rupee-plunges-to-all-time-low-against-usd-factors-driving-the-slump-by.md) | +0.8% | -1.3% |
| DXY | 2022-08-29 | [Why rupee touched an all time low of 80.13 to the US dollar today - Times of India](https://feedsoft.ai/events/40318-why-rupee-touched-an-all-time-low-of-80-13-to-the-us-dollar-today-times-of-india.md) | +0.6% | +4.4% |
| DXY | 2025-10-31 | [Rupee ends flat at 88.69 against U.S. dollar - The Hindu](https://feedsoft.ai/events/22691-rupee-ends-flat-at-88-69-against-u-s-dollar-the-hindu.md) | +0.3% | -0.2% |

## Sources

- india.com: https://www.india.com/business/rupee-suffers-43p-knock-to-end-at-lifetime-low-of-69-05-against-dollar-3176024/

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