# Rupee Falls To All-Time Lows As External Risks Build

> The Indian rupee fell to a lifetime intraday low of 69.09 per dollar amid a stronger dollar, higher oil prices and foreign portfolio outflows. It recovered to close at 68.75 after Reserve Bank of India intervention, and has weakened about 8 percent this year.

- Date: 2018-06-28 · published 2018-06-28T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/64791-rupee-falls-to-all-time-lows-as-external-risks-build
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Currency pressure on a current-account-deficit economy tied to oil imports signals rising import costs and possible central bank intervention. For feed buyers, a weaker rupee reduces Indian purchasing power for soy and other feed commodities.

## Read by commodity

- BRENT: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-07-01 | [Rupee hits an all-time closing low of 68.79 a dollar](https://feedsoft.ai/events/64794-rupee-hits-an-all-time-closing-low-of-68-79-a-dollar.md) | -3.1% | -4.9% |
| BRENT | 2018-10-03 | [Indonesian rupiah falls to record low amid rising pressures \| The Straits Times](https://feedsoft.ai/events/62836-indonesian-rupiah-falls-to-record-low-amid-rising-pressures-the-straits-times.md) | -0.2% | -11.1% |
| BRENT | 2026-05-26 | [Rupee Slips As Oil Jumps And Rate Bets Build - Finimize](https://feedsoft.ai/events/19556-rupee-slips-as-oil-jumps-and-rate-bets-build-finimize.md) | -9.0% | -22.4% |
| BRENT | 2017-04-23 | [Rupee runs into seasonality wall - Gulf Times](https://feedsoft.ai/events/71781-rupee-runs-into-seasonality-wall-gulf-times.md) | -0.7% | +4.4% |
| BRENT | 2023-08-01 | [Rupee falls 31 paise to 82.23 against the US dollar in early trade](https://feedsoft.ai/events/35313-rupee-falls-31-paise-to-82-23-against-the-us-dollar-in-early-trade.md) | +0.6% | -0.6% |

## Sources

- ndtvprofit.com: https://www.ndtvprofit.com/markets/rupee-falls-to-all-time-lows-as-external-risks-build-10434818

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