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The rupee has been the second-worst performing Asian currency against the dollar in 2022, down 0.94%, after a sharp fall following the Fed meeting. Analysts point to Russia-Ukraine tensions and the upcoming RBI policy meeting as key risks.
Continued rupee weakness raises the cost of dollar-denominated feed and oilseed imports for India, and the outlook depends on Fed and geopolitical developments that also move global commodity prices.
thehindubusinessline.comGurumurthy KJan 29, 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.
