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The rupee gained 49 paise to close at 73.81 per dollar on Thursday, its strongest close since March 11 and a five-month high. Strong portfolio inflows and a rebound in Indian equities from their March lows drove the gain.
A stronger rupee lowers the local cost of imported feed inputs for Indian buyers, but the effect on global feed markets is minor.
zeebiz.comIANSAug 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.
