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The rupee has been one of the weaker Asian currencies over the past year, down about 2% against the dollar since January 2019. Slower Indian economic growth and rising inflation are the main drags, while foreign capital inflows cushioned the decline.
Persistent rupee weakness raises the local cost of dollar-priced imports, including feed ingredients and energy, and tightens India's import margins.
business-standard.comKrishna KantJan 22, 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.
