Quote on Rupee 09th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 09th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded flat at 88.76, showing limited volatility since last week or so, as FII selling eased and crude prices remained range-bound. However, the currency continues to hover near lower levels, keeping concerns of further depreciation, potentially toward the 90 mark if global sentiment weakens. Focus for next couple of days is on Fed Chair Powell’s speech and key U.S. data on unemployment and nonfarm payrolls, all of which could drive sharp volatility in the forex market. The rupee range is expected between 88.45–88.95."
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