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The rupee fell 28 paise to 72.90 per dollar, its second straight session of losses, as domestic equities were muted. The currency has lost 45 paise over two sessions, while the dollar index rose slightly to 89.83.
A weaker rupee raises the cost of dollar-priced feed imports for India. The move is a short-term market fluctuation with limited global price impact.
business-standard.comPress Trust of IndiaJun 1, 2021Not 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.
