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The rupee rose 21 paise to 69.70 per dollar, ending a three-day losing streak. The dollar index fell 0.1% to 97.43 ahead of the Fed meeting, with markets expecting a possible rate cut, and Brent eased 0.46% to $60.66 a barrel.
A softer dollar ahead of expected Fed easing and lower crude reduce pressure on emerging-market currencies and import costs, a modest support for dollar-priced feed imports.
moneycontrol.comPTIJun 18, 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.
