Loading…

The Indian rupee gained 1.2% for the week ended November 6, closing at 93.91 per dollar, its strongest level since April. Foreign portfolio inflows and a sharp fall in crude prices helped drive the rally, while the US dollar index also declined for the week.
Lower crude prices reduce India’s import bill and can support the rupee; a stronger rupee makes dollar-priced imports, including feed ingredients, cheaper for Indian buyers.
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.