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The rupee was Asia's worst performer in the first half of 2020, falling 7.4% against the dollar by April before recovering partly. Analysts are split, with some forecasting record lows near 80 and others seeing the worst as over.
Expectations of further rupee weakness would raise India's import costs for feed and oil, while a recovery would ease them.
thenationalnews.comRebecca BundhunJul 4, 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.
