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The Indian rupee hit an all-time low of 89.49 per dollar on November 21 after portfolio outflows and uncertainty over a US-India trade deal. The Reserve Bank of India pulled back from its defense of a key level.
India's merchandise trade deficit reached a record high in October.
The rupee's slide and record trade deficit raise the cost of dollar-priced imports for India, which can weigh on feed import demand and local prices.
reuters.comJaspreet KalraNov 21, 2025Not 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.
