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The rupee rose 7 paise to 64.78 per dollar on Tuesday as the US Federal Reserve began its two-day policy meeting. Exporters and banks kept selling dollars, while a stronger dollar overseas and a weaker opening in Indian equities limited gains.
The benchmark Sensex fell slightly in early trade.
Small rupee moves ahead of the Fed meeting have little direct effect on feed prices, though a stronger dollar after the Fed could raise the cost of dollar-priced imports for India.
deccanchronicle.comDC CorrespondentOct 31, 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.
