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Moody's upgraded India's sovereign credit rating to Baa2 with a stable outlook, its first upgrade in 13 years. The rupee closed at 65.02 per dollar, and the 10-year bond yield fell as the main stock index gained.
A sovereign upgrade improves foreign capital inflows and supports the rupee, which can lower India's import costs for oilseeds and vegetable oils.
reuters.comSuvashree ChoudhuryNov 17, 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.
