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The rupee has appreciated 5.3% year to date on strong fund inflows and a weaker dollar. Analysts say software, auto, pharmaceutical and textile companies will be hit hardest, since much of their revenue is in dollars.
A stronger rupee cuts India's import bill for crude oil and other inputs. It also reduces the competitiveness of Indian exports, which has little direct effect on global feed prices.
valueresearchonline.comValue ResearchMay 30, 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.
