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The rupee opened higher and rose 8 paise to 71.23 per dollar in early trade, tracking domestic equity gains. Brent crude rose 0.16% to $68.03 a barrel, and China criticised a US defence act that restricts some Chinese trade and tech dealings.
Currency and crude moves of this size have little direct effect on feed grain prices, but the US-China friction is a background risk for soybean and feed demand.
thehindubusinessline.comPTIDec 27, 2019Not 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.
