Quote on Rupee 07th October 2026 by Jateen Trivedi, VP Research Analyst

2026-10-07 04:49:28 pm | Source: LKP securities Ltd

Quote on Rupee 07th October 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Rupee 07th October 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Rupee traded weak, falling around 45 paise to 96.77, after the RBI raised its policy rate by 25 bps. The shift in stance from neutral to calibrated tightening has added to nervousness in the currency market, indicating that further rate hikes could remain on the table depending on inflation and incoming economic data. The rupee is likely to remain under pressure with elevated volatility, with the range seen between 96.45–97.25."

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Quote on Rupee 07th October 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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