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The rupee traded in a tight range of about 95.40 to 95.75 for the week, with RBI intervention limiting downside and importer demand supporting the lower end. The RBI allowed banks more flexibility to swap FCNR(B) dollar deposits, which have attracted over $65 billion ahead of their August 31 deadline.
RBI intervention is containing rupee volatility, so dollar-priced feed import costs for India are stable in the near term, though the RBI's tightening stance adds some support.
Not 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.