Quote on Rupee 03rd September 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 03rd September 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded slightly positive with gains of 0.13 at 88.02 as markets showed minor strength with focus on the ongoing GST meeting, where the outcome in the coming days could provide support to the currency. However, persistent trade tariff concerns continue to weigh on sentiment, keeping pressure intact on the rupee. While GST reforms may help cushion the fall, the overall trend remains weak, and the rupee may test levels towards 89.50 in the coming months. For the near term, the range is expected between 87.90 – 88.45."
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