Loading…
The rupee has gained more than 2% in the third quarter, supported by India's record current account surplus and stock inflows, outperforming the Indonesian rupiah. Analysts note the currency's strength is occurring despite a weak economy and high inflation.
A firmer rupee lowers the domestic cost of dollar-priced feed and oilseed imports, though the gains face pressure from high inflation constraining policy.
business-standard.comBloombergOct 6, 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.
