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The rupee rose to its highest level in about 1.5 months, supported by foreign equity inflows and a weaker US dollar. Traders remained wary that the RBI would intervene to stop a sharp rally, as it had been buying dollars aggressively.
Continued rupee strength and central bank dollar buying both shape the currency backdrop for Indian feed and grain import costs.
business-standard.comAgenciesDec 1, 2020Not 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.
