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The rupee weakened 10 paise to 64.53 per dollar on June 20 as importer demand and Fed rate-hike fears drove foreign capital outflows. A higher equity market opening partly offset the decline.
Rising Fed expectations and capital outflows push the rupee weaker, raising the rupee cost of imported feed inputs for Indian buyers.
asianage.comDC CorrespondentJun 20, 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.
