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The rupee closed at 91.9550 per dollar on January 29 after touching a record low of 91.9850 earlier in the session. The central bank likely intervened to hold it above 92, and the currency was pressured by NDF maturities and corporate hedging.
The rupee is being held near 92 by central bank intervention, so the cost of dollar-priced imports stays elevated for Indian feed buyers without a sharp move.
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.
