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The Indian rupee fell past 86 per dollar for the first time on January 13 after a strong U.S. jobs report boosted the dollar. Weak portfolio inflows and increased hedging by speculators added to the decline.
A stronger dollar raises the local cost of dollar-priced feed imports for India and reinforces dollar strength that pressures commodity prices. The move is largely macro-driven.
reuters.comNimesh VoraFeb 1, 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.
