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Moneycontrol forecasts the rupee at 75.5-76 per dollar by December-end after it was the second-worst Asia ex-Japan currency in June. The dollar index gained 2.9% in June, its largest monthly gain since November 2016.
A stronger dollar and weaker rupee raise the cost of imported feed ingredients for India, supporting protein input prices.
moneycontrol.comIndranil PanJul 7, 2021After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
