2025-06-19 04:29:44 pm | Source: LKP Securities Ltd
Quote on Rupee 19 June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 19 June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded weak at 86.68, down by 0.25, as rising crude oil prices and escalating Middle East tensions, including renewed US pressure on Iran’s nuclear program, weighed on sentiment. Additionally, the US Fed’s indication that rate cuts may be delayed by around six months supported the dollar, adding pressure on the rupee. The expected trading range for the rupee is seen between 86.25 and 87.25."
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