Quote on Rupee: Rupee scaled higher near 81.90 Says Jateen Trivedi, LKP Securities
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Below is Quote on Rupee 24 March 2023 By Jateen Trivedi, VP Research Analyst at LKP Securities
Rupee scaled higher near 81.90 against as the dollar index comprising of 6 basket currency drifted lower below 101.40$. Crude prices softening also helped the prices of rupee to rise. Adding further fuel to the speed was capital market positive buying witnessed giving push to rupee higher as financial markets mainly banking and finance sectors saw strong buying momentum by FII's in to the Indian markets. Going ahead the rupee positive rally can continue towards 81.50 with support seen at 82.15-82.25.
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