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The rupee closed 13 paise lower at 73.81 per dollar on December 2 as weak domestic stocks and RBI dollar purchases limited gains. The central bank bought dollars in both spot and futures markets during the session.
Routine RBI dollar buying that caps rupee gains keeps USD/INR supported, a modest factor for Indian import costs.
thehindu.comPTIDec 2, 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.
