# Rupee on to a strong start

> The rupee opened the week near a six-month high at 65.035 per dollar, up from 65.405 at the prior Friday close. The move followed a broad decline in the dollar after Trump failed to pass a new healthcare plan, which raised doubts about his tax reform.

- Date: 2017-03-27 · published 2017-03-27T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/72299-rupee-on-to-a-strong-start
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

This is routine currency commentary with no new supply or demand shock for feed commodities.

## Read by commodity

- USDINR: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/news-cm/rupee-on-to-a-strong-start-117032700928_1.html

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