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The Indian rupee was flat at 84.0750 per dollar on Wednesday ahead of key US PCE data and the presidential election. Forward premiums rose as US Treasury yields dipped, and traders expected sizeable moves after the November 5 vote.
Pre-election stability in the rupee keeps Indian import costs steady for now, but expected post-election volatility could shift dollar-priced feed and oil import costs.
brecorder.comReutersOct 30, 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.
