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The rupee pulled back slightly on Tuesday after a rally the previous day that followed reports the RBI had stopped selling dollars. Asian equity markets gained on signs of progress in US-China trade talks, and the rupee was trading near 74.4 per dollar.
The move is routine currency trading with little direct effect on feed prices, though a firmer rupee would lower Indian import costs.
financialpost.comReutersAug 25, 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.
