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Bank of America Global Research raised its rupee forecast to 84 per dollar by December 2025, from a prior forecast of 87. It said it was joining peers in becoming more bullish on the currency because of improving capital inflows and trade engagement.
A forecast of a firmer rupee signals expectations of lower dollar-denominated import costs for India over the coming months. The effect on feed prices is indirect and gradual.
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.