Loading…
The Reserve Bank of India was a net seller of dollars in November 2018, selling $644 million on a net basis in the spot market. The data showed the central bank intervening to contain rupee volatility.
Central bank dollar sales support the rupee and temper currency-driven swings in India's feed import costs, though the effect is modest in grain markets.
business-standard.comBusiness StandardJan 13, 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.
