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The rupee has depreciated about 2.8% against the dollar in 2020 to around 73.30, despite record foreign institutional inflows into Indian equities. It hit a record low of 76.92 in April.
Year-to-date rupee weakness, driven by safe-haven dollar demand, keeps Indian import costs elevated and supports exporters.
prelaunch.financialexpress.comSurbhi JainDec 30, 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.
