Quote on Rupee 01st September 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 01st September 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded sideways near 88.18 as Friday’s sharp fall kept the weakness extended, with the currency moving in a narrow range between 88.10 and 88.30. The recently imposed US tariffs on Indian products continue to weigh on sentiment, raising concerns over fiscal pressures and external balances. While GST reforms remain the next key trigger for the rupee, markets are awaiting clarity on the timing and scale of changes. Meanwhile, persistent FII outflows are adding to downside pressure, keeping the rupee vulnerable within a broader range of 87.75–88.50."
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