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The Indian rupee slipped to an all-time low of 86.65 per dollar on Friday as threats of U.S. tariffs under Trump weighed on Asian currencies. The Reserve Bank of India likely stepped in to support the currency, and persistent foreign portfolio outflows added pressure.
A weaker rupee raises the cost of imported feed inputs priced in dollars for Indian buyers and can shift Indian demand for soymeal and other ingredients. Tariff-driven dollar strength also tends to weigh on dollar-denominated grain prices.
reuters.comJaspreet KalraJan 31, 2025Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
