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The rupee gained on Thursday as risk appetite improved during a pause in the dollar's rally. Traders were waiting for the RBI's monetary policy decision.
Improved risk appetite and a softer dollar favour a firmer rupee, which lowers USD/INR and eases the rupee cost of imported commodities.
reuters.comJaspreet KalraFeb 8, 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.
