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Analysts expect the rupee to keep depreciating due to US protectionist policies, trade war concerns, and expected Federal Reserve rate hikes. Domestic headwinds include banking fraud and twin fiscal and current account deficits.
A weakening rupee makes dollar-priced imports such as soybean meal and vegetable oils more expensive for Indian buyers.
insights.dsij.inBhagyashree VivarekarMar 30, 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.
