Quote on Rupee: Rupee traded weak below 82.20 on back of dollar Says Jateen Trivedi, LKP Securities

19/04/2023 4:29:29 PM | Source: LKP Securities Ltd

Quote on Rupee: Rupee traded weak below 82.20 on back of dollar Says Jateen Trivedi, LKP Securities

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Below is Quote on Rupee 19 April 2023 By Jateen Trivedi, VP Research Analyst at LKP Securities

Rupee traded weak below 82.20 on back of dollar index strength as the prices of dollar index shot up at 101.80$. Prices stayed weak for three consecutive days as dollar index strength along with weak performance of capital markets at home kept pressure on rupee. 20dma has been tested again and again by rupee recently giving volatile range bound trend to continue between 81.85-82.30

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Quote on Rupee: Rupee traded weak below 82.20 on back of dollar Says Jateen Trivedi, LKP Securities

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