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The Indian rupee is on track for its worst annual performance in 14 years, down about 11% to 94.83 per US dollar. A central bank-linked order prompted a sharp rebound on Monday as banks unwound trades.
A weaker rupee raises the cost of dollar-priced imports, including feed ingredients and energy, which can push up India's import costs and affect its demand for feed commodities.
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.