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Indian rupee and political events

How the Indian rupee moved against the US dollar around 2 political events since 2018 in or around India. A rise means the Indian rupee strengthens. Week by week, it shows almost no link (-0.02) with Riftrate.

Latest0.0105US dollars per unit · 23 October 2026
Events tracked2in the library
Weekly link with Riftrate-0.02450 weeks since 2018
CountryIndia
Indian rupee around each event · shaded: normal range
-2.0%0+2.0%normal rangeevent-10 sessionsday of+20 sessions
India: Modi’s BJP loses its majority (2024)India strikes Pakistan (2025)
Indian rupee since 2018, weekly · dotted lines: events
0.01150.01310.014620192020202120222023202420252026India: Modi’s BJP loses its majority, 4 June 2024India strikes Pakistan, 7 May 2025
DateEventTypeNext session5 sessions20 sessionsHow unusual
7 May 2025India strikes PakistanWar-0.4%-1.1%-1.6%bigger than 94% of 5-day moves
4 June 2024India: Modi’s BJP loses its majorityElection-0.5%-0.4%-0.4%bigger than 65% of 5-day moves

Data: Board of Governors of the Federal Reserve System, series DEXINUS, via FRED. Exchange rates are published with about a week’s delay. Not investment advice.

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