2025-06-12 06:07:10 pm | Source: LKP Securities Ltd
Quote on Rupee 12 June 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 12 June 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded weak below 85.60, down by 0.07 rupees, as a rally in crude prices and expected FII selling in capital markets weighed on sentiment. Weakness in secondary markets indicates possible outflows, which may push the rupee towards the 86.00 mark. Additionally, concerns over the US debt ceiling are creating global uncertainty, further pressuring the rupee due to external vulnerabilities"
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