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The rupee fell for a third straight day, closing 4 paise lower at 69.87 per dollar on May 30. The dollar strengthened and investors awaited the allocation of key portfolios in the new government.
Foreign fund inflows and easing crude prices limited losses.
Small currency moves change the local cost of dollar-priced feed imports, but the effect on international feed commodity prices is negligible. The story is routine currency market commentary.
moneycontrol.comPTIMay 30, 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.
