Quote on Rupee 06th November 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 3rd November 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded slightly positive at 88.60, gaining 0.09 paise, supported by weakness in the dollar index, which slipped below the 100 mark. However, persistent FII selling limited the rupee’s upside momentum, keeping the domestic currency under mild pressure. Market participants are now focused on key U.S. economic data releases this week, including the ISM Manufacturing and Non-Manufacturing PMI, which could influence dollar movement and global risk sentiment. The rupee is expected to remain range-bound in the near term, with a trading band seen between 88.40–88.90."
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