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The rupee was trading near 91.90 per dollar and was on course for its worst monthly fall since September 2022, down about 2.3% in January. Persistent capital outflows and strong import-linked dollar demand kept pressure on the currency despite RBI intervention.
Sustained rupee depreciation raises India's import costs and can reduce Indian buyers' capacity to pay for dollar-priced feed ingredients.
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.