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The rupee breached 95 per US dollar for the first time on Monday, and has fallen a record 9.88% in the current financial year. The Reserve Bank of India capped banks' overnight net open positions at $100 million under a March 27 circular.
The RBI curb on speculative positions and the rupee's steep fall both affect the cost of dollar-denominated imports for India, which can influence feed and oilseed buying.
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.