Quote on Rupee 20th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 20th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded positive, gaining 0.13 paise to close at 87.92, supported by reduced FII selling and intermittent buying activity that helped stabilize sentiment. Softer crude prices further aided the rupee’s strength, while continued RBI intervention around the 88.50 zones provided an additional cushion against volatility. Market participants now turn their focus to this week’s U.S. CPI and Core PCE data, which could influence global dollar movement and rupee direction. Support for the rupee is seen near 88.50, while resistance is placed around 87.50."
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