# Rupee sheds 7 paise against US dollar | Business News - The Indian Express

> The rupee fell 7 paise to 64.57 per dollar in early trade on November 28 due to month-end dollar demand from importers. The decline was limited by broad dollar weakness against other currencies after the rupee had hit a two-month high the prior day.

- Date: 2017-11-28 · published 2017-11-28T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/68260-rupee-sheds-7-paise-against-us-dollar-business-news-the-indian-express
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Month-end importer dollar demand is a routine currency move with limited direct effect on feed commodity prices.

## Read by commodity

- USDINR: bullish ▲

## Sources

- indianexpress.com: https://indianexpress.com/article/business/banking-and-finance/rupee-sheds-7-paise-against-us-dollar-4958197/

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