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India's forex reserves rose by $12.74 billion to $609.02 billion as of July 14, the highest in nearly 15 months. The rupee ended the week at 81.9450, up 0.1%.
Large reserves give the RBI room to manage rupee volatility, which affects the local cost of imported feed ingredients but has little direct bearing on global feed prices.
brecorder.comReutersJul 21, 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.
