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The rupee has fallen more than 5% since the start of 2018 and is trading at its lowest in over a year. The slide is part of a broad emerging-market sell-off linked to rising US Treasury yields and expected Federal Reserve tightening.
Capital outflows from emerging markets weaken local currencies and raise the local-currency cost of dollar-priced imports, including feed ingredients, which can reduce buying by price-sensitive importers.
thehindu.comPrashanth PerumalMay 12, 2018Not 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.
