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The rupee rose 0.5% to a 2025 high of 84.78 per dollar on April 30, tracking gains in Asian currencies. Support came from foreign portfolio inflows, exporter hedging sales and a pickup in optimism over a possible India-US trade deal.
The rupee's rally trims the local cost of dollar-denominated feed imports, and the rupee is on track for a 0.8% monthly gain. Importers were muted after covering liabilities earlier, which limits near-term pressure on the currency.
business-standard.comReutersMay 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.
