Quote on Rupee: Rupee going ahead can be seen between 82.00-82.75 volatile range Says Jateen Trivedi, LKP Securities
Below is Quote on Rupee 27 March 2023 By Jateen Trivedi, VP Research Analyst at LKP Securities
Rupee traded in a range between 82.26-82.42 as the currency tries to settle the volatility witnessed last week where Fed's policy gave support to dollar index and weakness to rupee after touching high of 82.05 last week. Further the rupee shall keep taking cues from Crude price move and FII's data, where in Crude weakness has helped rupee to hold 82.50 but FII's selling has kept pressure in rupee near 82.20 zones. Rupee going ahead can be seen between 82.00-82.75 volatile range.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory