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The rupee has been Asia's best-performing currency in 2021, driven by steady dollar inflows into Indian equities and a higher interest-rate differential with the US. Analysts at Barclays favour high-growth, high-carry emerging markets including India.
A stronger rupee lowers the local cost of dollar-priced imports for India, which eases feed-input costs. The effect is a currency-flow story rather than a change in commodity supply.
livemint.comAparna IyerMar 25, 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.
