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The Reserve Bank of India is seen well equipped to manage volatility around the US election, after the rupee hit a series of record lows this month. The rupee has held a narrow range of 83.79 to 84.09 per dollar, one of the least volatile Asian currencies.
Central bank intervention limits rupee swings, so Indian import costs for feed ingredients and vegetable oils stay relatively steady despite the stronger dollar.
reuters.comSwati BhatOct 31, 2024Not 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.
