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The Indian rupee settled weaker at 86.95 per dollar on Tuesday, pressured by NDF-related dollar demand and declines in regional peers. Likely RBI dollar-selling intervention limited the losses, and foreign investors have sold about $12 billion of local stocks this year.
Currency moves of this size are routine for Indian import costs and have little direct effect on feed commodity prices.
reuters.comJaspreet KalraFeb 18, 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.
