# Rupee dollar live update - The HinduBusinessLine

> The rupee fell to a one-month low of 64.63 per dollar on June 29, extending a three-session slide amid sustained dollar demand from importers. Currency traders stayed cautious ahead of the GST rollout from July 1.

- Date: 2017-06-29 · published 2017-06-29T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/70789-rupee-dollar-live-update-the-hindubusinessline
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the local-currency cost of imported feed ingredients such as soymeal and corn for Indian buyers, while a stronger dollar tends to pressure dollar-priced commodities.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/forex/rupee-falls-to-1-month-low-on-capital-outflow-fears/article64304120.ece

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