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Trading in INR/USD futures on the Singapore Exchange rose 63% year on year in November, with volume topping $29 billion. The exchange noted that the rupee had slid earlier in November on higher crude prices and rising bond yields.
This is a trading-venue volume statistic with no direct change in the rupee's level, so it has little effect on feed import costs.
thehindubusinessline.comThe HinduBusinessLineDec 7, 2017Not 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.
