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The rupee settled at 83.04 per dollar on a 1 paisa loss after breaking a six-day gaining streak. Foreign fund outflows and a recovery in crude prices offset positive equity sentiment, and traders awaited US inflation data.
Routine daily currency moves have negligible effect on feed commodity prices. The story reflects normal market noise rather than a new supply or demand driver.
timesofindia.indiatimes.comPTIFeb 1, 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.
