# Weekly review: Rupee extends spectacular rebound rally | Markets News | Zee News

> The rupee ended the week at a fresh two-and-a-half-month high of 64.15 per dollar after a volatile session in which it gained 17 paise on the day. The gains followed heavy dollar unwinding by speculative traders after the Fed signalled a slow pace of monetary tightening, backed by strong capital inflows into equities.

- Date: 2017-07-29 · published 2017-07-29T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/70273-weekly-review-rupee-extends-spectacular-rebound-rally-markets-news-zee-news
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A stronger rupee lowers the local cost of dollar-priced feed imports, but the effect on Indian feed prices is limited.

## Read by commodity

- USDINR: bearish ▼

## Sources

- zeenews.india.com: https://zeenews.india.com/markets/weekly-review-rupee-extends-spectacular-rebound-rally-2028404.html

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