Loading…
The rupee fell 11 paise to 64.22 per dollar in early trade on July 28 on month-end dollar demand from importers and banks. Domestic equity losses also weighed on the currency, a day after it gained 26 paise to a two-and-a-half month high of 64.11.
Month-end importer dollar buying lifts the rupee cost of imported agricultural inputs, although the move is a routine fluctuation rather than a trend change.
thehindu.comPTIJul 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.
