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The Indian rupee is heading for its worst monthly loss in six years, with depreciation of nearly 4% in August, the weakest performance in Asia apart from its peers' slide. The article reviews historical lows and notes that the Japanese yen was the best performer in the region.
Persistent rupee weakness raises the local-currency cost of imported feed ingredients for Indian buyers and can weigh on demand for dollar-priced feed inputs.
thehindu.comAug 29, 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.
