Quote on Rupee 02nd January 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 02nd January 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded weak by 0.20rs -0.22% near 90.16 against the dollar as the dollar index showed mild strength around 98.50. Commodity price action, particularly in gold, silver and base metals, remains a key factor influencing the currency. Market participants will closely track US ADP employment, non-farm payrolls and unemployment data next week for fresh cues. Optimism around potential India–US trade developments in the new year could provide support, while the rupee is expected to trade in the 89.70–90.55 range in the near term."
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Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securi...
