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The rupee ended the prior week at 83.70 per dollar, a slight 0.1% decline. Data showing easing US inflation pushed the dollar index lower, and India received about $11 billion in portfolio inflows in September.
Expected rupee strength and capital inflows would lower the dollar-rupee rate and modestly reduce the local cost of imported commodities.
finimize.comFinimize NewsroomSep 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.
