2026-01-09 05:39:45 pm | Source: LKP securities Ltd
Quote on Rupee 09th January 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 09th January 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee weakened by 22 paise to 90.11 against the dollar, pressured by weakness in domestic equity markets and continued FII selling. Volatility in the dollar index, driven by key U.S. economic data, has further weighed on the currency. Elevated commodity prices are also adding to the import bill, keeping the rupee under pressure. USD/INR is expected to trade in the 89.75–90.50 range in the near term."
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