# Rupee climbs 7 paise to 64.82 on sustained US dollar selling | Economy & Policy News - Business Standard

> The rupee rose 7 paise to 64.82 per dollar on October 26, 2017, helped by dollar selling from banks and exporters and strong foreign equity inflows. Capital infusion into public sector banks and a pullback in the US dollar also supported the currency. Fitch warned the fiscal deficit target could be harder to meet.

- Date: 2017-10-26 · published 2017-10-26T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/68750-rupee-climbs-7-paise-to-64-82-on-sustained-us-dollar-selling-economy-and-policy
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A firmer rupee makes dollar-priced feed imports slightly cheaper for India, but the move is modest and does not shift global feed markets.

## Read by commodity

- USDINR: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/rupee-climbs-7-paise-to-64-82-on-sustained-us-dollar-selling-117102601062_1.html

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