Quote on Rupee 01 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Below the Quote on Rupee 01 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded positive with gains of 0.28% at 85.51, supported by a weaker Dollar Index trading below 97.00 and sustained crude oil price weakness. The softer dollar environment has helped the rupee extend its recent rally. Market participants will closely watch key US data this week, including Non-Farm Payrolls, Unemployment Rate, and ADP Employment data, which could influence dollar direction. Rupee is expected to trade in a range of 85.20 to 85.80."
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