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The Indian rupee was expected to open little changed on Wednesday as an overnight jump in oil prices offset a slight pullback in the US dollar. The outlook is a short-term market preview.
Higher oil prices raise India's import bill and dollar demand, which weighs on the rupee and can increase the cost of imported feed inputs.
reuters.comNimesh VoraAug 24, 2022Not enough comparable past events yet for a historical read.
Not 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.
