Rupee closes 93.90 per US dollar, Asia top weekly gainer

Not enough comparable past events yet for a historical read.

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Feb 28, 2020Baht gains more ground, as US dollar weakens-2.6%
• Jan 29, 2019How the rupee strengthened against the U.S. dollar - The Hindu+5.2%
• Jun 15, 2017Oil and U.S. dollar conspire to push down loonie as this week's gains lose some loft - Financial Post-5.1%
• Jun 21, 2017Colombia's peso slides against US dollar as global oil prices tumble | The City Paper Bogotá+2.2%
• Nov 30, 2022Indian rupee notches first monthly gain this year, but lags Asian peers-4.9%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Nov 29, 2018Rupee closes at 69.85 a dollar after 3 months of weak run in the 70s | News on Markets - Business Standard+5.8%
• Dec 1, 2018Rupee gains past 70 a dollar for first time in 3 months: 5 things to know+6.0%
• Nov 29, 2018Rupee Strengthens: Rupee Closes Above 70/$ As Global Winds Turn+5.8%
• Dec 1, 2018Indian rupee soars 77 paise, under 70 per dollar mark after 3 months+6.0%
• Sep 18, 2026Ringgit opens higher against US dollar as oil prices ease | The Star-0.3%