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The rupee fell 6 paise to close at 73.02 against the dollar on Budget day, tracking a rebound in the US currency overseas. Indian equities rose sharply, with the Sensex up 5%, while foreign investors were net sellers.
The small move in the rupee has little direct effect on feed prices. Its effect on Indian import costs is limited, though a weaker rupee slightly raises dollar-priced input costs.
thehindu.comPTIFeb 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.
