# Rupee weakens over 5% as reserves decline | OI Charts News

> The rupee has weakened by more than 5% against the US dollar over the past 10 months. RBI data showed foreign-exchange reserves fell $1.269bn in the week ended 23 October to $719.748bn.

- Date: 2026-11-01 · published 2026-11-01T21:09:37.666Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/70436-rupee-weakens-over-5-as-reserves-decline-oi-charts-news
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Falling reserves and a weaker rupee raise the cost of dollar-priced imports such as feed ingredients and vegetable oils for Indian buyers.

## Read by commodity

- USDINR: bullish ▲

## Sources

- oicharts.com: https://oicharts.com/news/rupee-weakens-reserves-2ba073-bzMFhAA4

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