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The Indian rupee fell to a record low of 89.7575 per dollar on Monday, breaking its previous record of 89.49 set about two weeks earlier. Sluggish trade and portfolio flows and the absence of a US-India trade deal weighed on the currency despite strong economic growth.
A record-low rupee raises India's import costs for feed and oilseed inputs and signals weaker demand capacity in a major importing market.
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.