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The Indian rupee strengthened to 81.78 per dollar on Monday, its highest in about a month and up roughly 1% since early March, before slipping back to around 82. Corporate and bank analysts expect the recovery may continue.
A firmer rupee lowers the local cost of dollar-priced feed ingredient imports into India, a minor factor for global feed commodity prices.
reuters.comNimesh VoraApr 11, 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.
