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Analysts expect IPO-related foreign inflows and strong software exports to support the rupee in 2022. They also expect tighter Indian monetary policy, faster US tapering and higher crude oil prices to create volatility.
Edelweiss sees the rupee trading between 74 and 78 per dollar.
A firmer rupee would lower the local cost of dollar-priced feed imports, while higher crude oil prices would raise freight and energy costs. The net effect on Indian feed input costs remains uncertain.
business-standard.comIANSDec 29, 2021Not enough comparable past events yet for a historical read.
After 487 past bullish macro events, WTI moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
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.
