2025-06-23 06:10:02 pm | Source: LKP Securities Ltd
Quote on Rupee 23 June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 23 June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded weak by 0.11 at 86.75 as the dollar index appreciated toward the 99 mark, indicating broader currency market imbalances. Geopolitical tensions escalated after the US conducted airstrikes on three nuclear-related sites in Iran, raising volatility across global markets. Participants are likely to stay cautious and track macro developments closely. Technically, the rupee remains weak below 86.00, with the next support seen near 87.00."
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