Quote on Rupee 01st December 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 01st December 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded weak, hitting a fresh all-time low of 89.75 against the dollar. The primary pressure came from sharply higher commodity prices — Gold at $4,250 and Silver above $57, both at historic highs significantly increasing India’s import bill and weighing on the rupee.
Trade deal uncertainty with the US continues to keep sentiment fragile. Although officials indicate discussions are moving positively, markets now need a final, concrete agreement for the rupee to find meaningful support.
Additionally, the lack of notable intervention in November has allowed the rupee to drift weaker without much resistance.
Rupee range remains weak between 89.35–89.90 for the coming sessions."
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Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
