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The rupee slipped 8 paise to 65.25 per dollar in early trade on importer dollar demand and foreign fund outflows. Strength in the dollar on expectations of Fed rate hikes added pressure, while India's economy grew 7.2% in the October-December quarter.
A weaker rupee raises import costs for Indian buyers of dollar-priced feed and oilseed products.
thehindu.comPTIMar 1, 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.
