# Explaining the sharp rise in the rupee - The HinduBusinessLine

> The rupee has appreciated nearly 4% against the dollar this year as the Trump trade unwound and foreign investors returned after the BJP's state election win. The Reserve Bank of India changed its policy stance to neutral, which pushed bond yields higher and attracted foreign debt inflows. Analysts expect inflation to pick up in FY18.

- Date: 2017-03-28 · published 2017-03-28T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/72298-explaining-the-sharp-rise-in-the-rupee-the-hindubusinessline
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

The rupee's strength and rising domestic yields are drawing capital into India and could reverse as inflation rises, which affects the cost of imported feed inputs.

## Read by commodity

- USDINR: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/opinion/explaining-the-sharp-rise-in-the-rupee/article21941451.ece1

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