Loading…

The rupee closed at 88.76 per dollar on Monday, its weakest closing level on record. Foreign portfolio outflows and corporate dollar demand kept pressure on the currency.
The RBI was reported to be selling dollars to limit the decline.
Persistent rupee weakness raises the local-currency cost of dollar-priced imports, including feed ingredients. Intervention by the RBI is limiting how far the currency falls.
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.