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The rupee fell 7 paise to 64.57 per dollar in early trade on November 28 due to month-end dollar demand from importers. The decline was limited by broad dollar weakness against other currencies after the rupee had hit a two-month high the prior day.
Month-end importer dollar demand is a routine currency move with limited direct effect on feed commodity prices.
indianexpress.comPTINov 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.
