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The rupee hit a record low of 92.51 per dollar on Wednesday, pressured by NDF-related dollar buying and bullion imports. Traders saw the Reserve Bank of India as a backstop against a move beyond 92.00.
Dollar strength against the rupee raises India's import costs and could weigh on Indian demand for dollar-priced feed ingredients.
fxstreet.comAkhtar FaruquiJan 30, 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.
