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The rupee hit a one-month high of 81.97 per US dollar on March 3, helped by Adani-related inflows and a weaker dollar index. Brent was near $84.4 a barrel that day.
A stronger rupee lowers the local-currency cost of Indian import demand, but the move is small and short-lived for feed markets.
cnbctv18.comAsmita PantApr 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.
