Quote on Rupee: Rupee traded weak below 82.60 Says Jateen Trivedi, LKP Securities
Below is Quote on Rupee 20 March 2023 By Jateen Trivedi, VP Research Analyst at LKP Securities
Rupee traded weak below 82.60, after opening positive above 82.50 rupee started drifting lower traded lower towards 82.60 with losing the morning gains after opening positive. FIIs selling continued which kept rupee weak once positive opening on back of strong dollar. Rupee going ahead will keep volatility high as the important FED INTEREST DECISION due on Wednesday 22MAR23 shall keep rupee in momentum. Till then range for rupee is seen between 82.35-82.7.5
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory