Indian rupee around each event · shaded: normal range
India: Modi’s BJP loses its majority (2024)India strikes Pakistan (2025)
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.
| Date | Event | Type | Next session | 5 sessions | 20 sessions | How unusual |
|---|---|---|---|---|---|---|
| 7 May 2025 | India strikes Pakistan | War | -0.4% | -1.1% | -1.6% | bigger than 94% of 5-day moves |
| 4 June 2024 | India: Modi’s BJP loses its majority | Election | -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.