Quote on Rupee: Rupee has seen weakness continuing below 82.03 Says Jateen Trivedi, LKP Securities
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Below is Quote on Rupee 18 April 2023 By Jateen Trivedi, VP Research Analyst at LKP Securities
Rupee has seen weakness continuing below 82.03 as dollar index holds 101.25$ with higher Crude prices no letting rupee rise above 81.80 zones. Rupee has taken cues from FIIs activity and in the past two days has been weak thus keeping rupee fall holding below 82.00 levels. Going ahead participants await Inflation data across other developed nations in this week (EURO & GBP) which can keep dollar index volatility continued. Rupee range can be seen between 81.85-82.25
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
