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A Reuters poll of about 50 strategists expects the rupee to weaken more than previously forecast over the next 12 months, to 70.65 per dollar from 69.23. The forecast cites slowing growth, a US-China trade war and limited portfolio inflows.
A weaker rupee raises the dollar cost of imported inputs for India, and risk-off sentiment from the trade war could weigh on emerging-market assets and commodity demand.
financialexpress.comReutersJun 6, 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.
