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The rupee rose 0.14% to 95.72 per dollar on July 29, near a two-week high, as state-run and foreign bank dollar sales offset demand tied to about $2.7 billion of futures expiry. Brent rose nearly 4% after falling over the previous three sessions on US-Iran talk hopes that were then dampened by strikes in Iraq.
Routine futures-expiry flows and central bank operations are shifting the rupee only marginally, so the import cost effect for feed buyers is small, while oil swings remain the larger risk.
thehindubusinessline.comReutersJul 29, 2026Not enough comparable past events yet for a historical read.
After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% 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.
