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The rupee rose 7 paise to a one-month high of 70.85 per dollar, extending a six-session winning streak on firm domestic equities and easing crude oil prices. Traders expected key inflation and industrial production data the following day.
A stronger rupee lowers India's import costs for crude and feed ingredients, but the move has little direct bearing on grain or oilseed prices.
firstpost.comDec 11, 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.
