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The rupee-to-dollar rate crossed 96 in May 2026, up from around 85 a year earlier. The article explains how trade deficits, oil imports and foreign portfolio flows shape demand for the rupee.
India imports about 90% of its crude, so a weaker rupee raises the domestic cost of energy and inflation pressure. This can slow growth and influence Indian demand for imported feed ingredients.
thehindu.comJayan Jose ThomasMay 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.
