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The rupee closed flat at 75.60 per dollar on March 31 but lost 9.36% over fiscal 2019-20, its sharpest annual fall in the period covered. Covid-19 sentiment and the US-China trade war weighed on it.
The weaker currency raises India's dollar import costs, though lower crude prices limited the decline.
timesofindia.indiatimes.comPTIMar 31, 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.
