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Commerzbank says India's HSBC composite PMI rose to a four-month high of 56.7 in October, supporting resilient growth. Input-cost inflation fell to its lowest in almost a year, and USD/INR returned to a 94–97 range with elevated oil a key headwind.
Strong Indian growth supports demand for imports, but softer price pressures reduce tightening risk; oil remains the main swing factor for the rupee and import costs.
fxstreet.comFXStreet Insights TeamOct 26, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
