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An analysis argues the rupee, which has been stable for three years under inflation targeting and heavy RBI intervention, may be less calm in 2018. It cites the end of the favourable oil and commodity price backdrop since late 2014 and the RBI's two-way intervention.
Greater rupee volatility would make dollar-denominated feed imports more costly and harder to hedge for Indian buyers.
preprod.financialexpress.comRenu KohliDec 28, 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.
