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The Indian rupee traded in a narrow range near 83.26 on Monday despite pressure from oil prices, US yields and portfolio outflows. Volatility was near multi-year lows as the Reserve Bank of India intervened regularly in spot, NDF and futures markets.
Central bank management keeps the rupee stable, so Indian feed import costs are not shifting much from currency moves in the near term.
timesofindia.indiatimes.comReutersOct 30, 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.
