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The rupee firmed 14 paise to 64.05 per dollar on August 1 as exporters and banks sold dollars. Dealers cited broad dollar weakness against major currencies, except the yen.
Indian equity indices opened higher.
Rupee moves of this size are routine and have no meaningful effect on feed commodity markets. The story describes daily currency trading.
indianexpress.comShreyasi JhaAug 1, 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.
