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The rupee gained 5 paise to close at 71.71 per dollar, aided by foreign fund inflows and lower crude prices. It touched an intraday low of 71.87 before recovering.
Lower crude and steady inflows strengthen the rupee, which slightly lowers the rupee cost of dollar-priced feed imports, though the move is small.
Not 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.