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A Reuters poll of 11 investors found they had turned bullish on the Indian rupee for the first time in nearly a year. Foreign inflows into Indian equities and debt rose sharply in March ahead of national elections, and sentiment was also helped by progress in US-China trade talks.
Expected capital inflows and a stronger rupee reduce the local-currency cost of Indian feed imports. Positioning is a sentiment signal rather than a physical supply or demand change.
moneycontrol.comReutersMar 14, 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.
