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The rupee weakened two paise to 70.20 against the dollar on foreign fund outflows and trade deficit worries. Concerns over a government farm relief package and firming crude prices also weighed on the currency.
A softer rupee on fiscal and oil concerns raises India's import costs for feed ingredients, though the move was small.
thehindu.comPTIJan 3, 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.
