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The rupee closed at 81.90 per dollar after gaining 45 paise on Monday, helped by a weaker US dollar and steady foreign fund inflows. Analysts warn the currency could slide back toward 83 on a firm dollar and weak global sentiment.
Expected rupee weakness would raise the rupee cost of dollar-priced imports for India, a modest headwind for Indian buyers of imported feed ingredients.
zeebiz.comZee BusinessDec 1, 2022Not 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.
