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The Indian rupee closed at 94.47 per USD on Thursday, a two-month high, extending its gain to a fifth straight session. Analysts cited falling US Treasury yields, softer crude oil prices, a weaker dollar and foreign fund inflows, with expectations of de-escalation in the Middle East war after the Democratic midterm sweep.
Softer crude and a weaker rupee-dollar rate ease India's import bill for energy and fertilizer, a cost factor for feed producers. The currency move is a macro signal rather than a direct feed supply change, so its effect on feed ingredient prices is limited.
thehindubusinessline.comBL Mumbai BureauNov 5, 2026Not enough comparable past events yet for a historical read.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
