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The rupee was described as Asia's worst performer before the elections and the best after Modi's victory. Analysts are divided on whether it is overvalued, with merchandise export growth falling to 0.64 percent in April.
The rupee was trading around 69 per dollar at the time.
Weak export growth and currency debate point to pressure on India's trade balance and import demand. The commentary carries little direct weight for feed commodity prices.
theprint.inThePrint TeamMay 27, 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.
