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The rupee hit a record low as foreign portfolio outflows, a rise in bullion imports and corporate hedging demand weighed on it. Steep US tariffs were cited as an additional drag on the currency.
Persistent rupee weakness makes imported feed inputs more expensive for Indian buyers, which can dampen their purchasing and weigh on import demand.
reuters.comJaspreet KalraFeb 1, 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.
