Loading…
The rupee opened the week near a six-month high at 65.035 per dollar, up from 65.405 at the prior Friday close. The move followed a broad decline in the dollar after Trump failed to pass a new healthcare plan, which raised doubts about his tax reform.
This is routine currency commentary with no new supply or demand shock for feed commodities.
business-standard.comCapital MarketMar 27, 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.
