Rupee rises 3% from record lows; analysts see it at 92.5/$ by December-end

Not enough comparable past events yet for a historical read.

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.

• Feb 3, 2020Rupee drops by 6 paise to end at 71.38 on forex outflows-6.0%
• Mar 8, 2022Euro rises from 22-month lows as Ukraine crisis grips-13.8%
• Nov 3, 2021Rupee rises by 22 paise to nearly 1-month high on FPI flows | Business+0.1%
• Jan 24, 2020Rupee down 7 paise to end at 71.33 - The HinduBusinessLine-5.9%
• Nov 29, 2017Rupee rises for 3rd day, hits new 2-month high ahead of GDP data | News on Markets - Business Standard-0.7%

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.

• Nov 22, 2019Canadian dollar ends week lower as economic threat from CN strike builds - The Globe and Mail-2.2%
• Nov 3, 2021Rupee rises by 22 paise to nearly 1-month high on FPI flows | Business+0.3%
• Jul 15, 2021Rupee's wild ride may end as foreign inflows surge: Credit Agricole CIB | Money & Forex Markets - Business Standard-3.8%
• Mar 16, 2022Palm extends losses - Markets - Business Recorder+15.4%
• May 4, 2023Outlook on gold as it hits record high, while USD and oil fall after Fed decision | IG International+5.7%