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The rupee fell as much as 0.4% to 87.7375 per dollar in early Mumbai trading, approaching its all-time low of 87.9563. The NSE Nifty 50 fell as much as 0.9% as equities also declined on tariff concerns.
Tariff-driven currency weakness and equity selling point to a weaker Indian economic outlook and higher import costs, which can dampen Indian demand for imported feed ingredients.
bloomberg.comSubhadip SircarAug 1, 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.
