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India's foreign exchange reserves rank fifth globally, and the RBI has intervened heavily in FX markets to absorb inflows. Analysts expect the pace of reserve growth to slow in the second half of the fiscal year, as the RBI may need to choose between FX and bond interventions.
RBI intervention shapes rupee direction, which affects Indian import costs for vegetable oils and feed ingredients. The direct impact on global feed prices is limited.
financialexpress.comJun 13, 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.
