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The rupee fell 2.3% in January and hit a record low of 91.9875 per dollar on Friday before ending at 91.9825. The Reserve Bank of India sold dollars to keep the rupee above 92.
A weaker rupee raises the rupee cost of dollar-priced imports for India, which can sustain Indian demand for feed commodities and soymeal while the currency keeps sliding.
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.