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A Reuters poll expects the Indian rupee to stay range-bound near term and edge up over a year. The forecast cites expected rate cuts by the RBI being smaller than US Federal Reserve easing.
A stable rupee keeps Indian import costs for feed ingredients predictable, with little direct effect on grain prices.
reuters.comMilounee PurohitMar 6, 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.
