
The rupee has depreciated about 3% in FY26 so far, despite a 7% fall in the dollar index in the fiscal year. Analysts blame US tariffs, persistent foreign institutional outflows and pressure to cut Russian crude imports.
The Reserve Bank of India has tools to stabilise the currency and record forex reserves.
The rupee is failing to benefit from broad dollar weakness, so import costs for dollar-priced feed and energy stay high for Indian buyers. The RBI's reserves and intervention limit the downside.
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.