2025-06-03 04:18:20 pm | Source: LKP Securities
Quote on Rupee 03 June 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 03 June 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded weak by 16 paise at 85.53 as the dollar index saw a minor jump near the 99 mark, while selling pressure in secondary markets added further weakness to the currency. Key data lined up this week, including heightened US dollar volatility and the RBI policy on Friday where expectations of a rate cut are high will keep the rupee under pressure. The expected trading range for the rupee is seen between 85.25 and 85.85."
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