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The rupee traded weak at 64.49 per dollar on May 29 as month-end dollar demand from importers and banks rose. A firm domestic equity market limited the losses, and the BSE Sensex closed at a record high.
Rupee moves affect the cost of Indian imports of feed inputs and vegetable oils. A modest move on month-end flows has little lasting effect on global feed prices.
thehindubusinessline.comRajalakshmi SMay 29, 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.
