Loading…
The rupee was expected to build on its gains, helped by dollar sales from foreign banks, with the non-deliverable forward pointing to an opening near 81.70-81.75. Asian currencies were mixed, and the US House passed a debt ceiling bill unlikely to clear the Senate.
A firmer rupee on dollar inflows modestly lowers India's import costs for dollar-priced feed commodities.
timesofindia.indiatimes.comReutersMay 1, 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.
