Loading…
The rupee fell 12 paise to close at 73.49 per dollar as state-run banks bought dollars amid expectations of a stimulus package from Prime Minister Modi. Capital inflows and strong domestic equities limited the losses.
Fiscal stimulus expectations and dollar buying weaken the rupee, which raises import costs for Indian feed ingredients and vegetable oils.
thehindu.comPTIOct 20, 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.
