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The Indian rupee was expected to open little changed around 83.39 per dollar after in-line US inflation data. Traders were focused on Federal Reserve rate projections.
Routine currency moves of this size have little direct effect on feed import costs. The story reflects broader dollar sentiment tied to expected Fed easing.
reuters.comNimesh VoraDec 13, 2023Not 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.
