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The Indian rupee settled 64 paise lower at 75.73 against the US dollar, weighed by a heavy selloff in domestic equities and a stronger greenback. The dollar index rose 0.27% to 99.35 and rising coronavirus cases added pressure.
A weaker rupee raises the local cost of dollar-denominated feed ingredient imports, supporting Indian feed input costs.
m.economictimes.comPTIJun 1, 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.
