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The Indian rupee closed at 85.2125 per dollar on Friday, its biggest one-day gain in over two years, and rose 0.3% on the week. Heavy dollar sales by foreign banks and reduced bearish bets on the rupee supported the move, while the dollar weakened after Trump recommended 50% tariffs on EU imports and mentioned a possible 25% tariff on smartphones.
A stronger rupee lowers India's import costs for dollar-priced feed ingredients and oils, which eases pressure on Indian buyers. Tariff-driven dollar weakness, if it continues, would make US-origin feed commodities relatively more expensive in rupee terms.
reuters.comDharamraj DhutiaMay 26, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
