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The rupee rose 7 paise to 64.82 per dollar on October 26, 2017, helped by dollar selling from banks and exporters and strong foreign equity inflows. Capital infusion into public sector banks and a pullback in the US dollar also supported the currency.
Fitch warned the fiscal deficit target could be harder to meet.
A firmer rupee makes dollar-priced feed imports slightly cheaper for India, but the move is modest and does not shift global feed markets.
business-standard.comPress Trust of IndiaOct 26, 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.
