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India Ratings expects the 10-year government bond yield to reach 7.5-7.6% by the end of FY19 and the rupee to average 66.06 per dollar in FY19. Ind-Ra forecasts a fiscal deficit of 3.2% of GDP for FY19 and a widening current account deficit.
A forecast of rupee depreciation and wider deficits points to a more expensive dollar for Indian feed importers over the medium term. The outlook has limited near-term price impact on feed.
business-standard.comCapital MarketJan 18, 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.
