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The Indian rupee opened 6 paise stronger at 94.89 per US dollar on November 2, while most Asian currencies traded lower, led by the South Korean won. Oil prices fell about $2 to $111.35 on progress in US-Iran talks, and the dollar index was flat at 101.88.
A weaker rupee raises India's cost of imported vegetable oil and feed inputs, while lower crude reduces energy and freight costs. Both effects are small on the day's moves.
Not enough comparable past events yet for a historical read.
Not 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.