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India's weighted average overnight call money rate rose to 5.69% in the week to 23 October, above the 5.50% repo rate. The rupee closed October at 95.25 per US dollar after an October rate hike.
Tighter bank funding raises borrowing costs across the economy, which can slow credit-dependent activity such as livestock and feed trade. The currency effect is also relevant to import costs.
factiq.comOct 31, 2026Not 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.
