
The rupee settled 0.35% higher at 95.41 per dollar on August 25, the best-performing Asian currency that day, after RBI dollar sales and a sharp fall in crude. Brent fell below $89.64 a barrel amid signs of progress in US-Iran peace talks, and the 10-year bond yield eased to 6.85%.
Falling crude and RBI intervention reduce India's import costs and support the rupee, which eases the local cost of dollar-priced feed imports.
Not enough comparable past events yet for a historical read.
After 312 past bearish macro events, BRENT moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
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.