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The RBI's foreign currency assets fell from $648 billion on September 4, 2026 to $593 billion on October 23, a drop of $55 billion or 8.5% in seven weeks. The decline reflects the central bank selling dollars to defend the rupee against heavy dollar demand.
A weakening rupee raises the cost of imports, including feed inputs and energy priced in dollars, which pressures Indian feed costs. Limited central bank reserves mean further rupee pressure could push India to restrict dollar demand or import activity.
geopoliticsalpha.comNov 1, 2026
mumbaimirror.comNov 1, 2026Not 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.
