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The rupee was slightly lower on December 4 as dollar demand from importers offset gains in most Asian currencies and state election wins for the ruling BJP. Fed rate cuts were priced as possible from March.
Importer dollar demand tempers rupee gains, but the currency's limited movement means little direct impact on feed import costs.
brecorder.comReutersDec 4, 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.
