Quote on Rupee 23rd December 2025 by Jateen Trivedi, VP Research Analyst

2025-12-23 06:04:04 pm | Source: LKP Securities Ltd

Quote on Rupee 23rd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Rupee 23rd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"The rupee traded flat near 89.65, moving in a tight 89.45–89.65 range as a softer dollar index around 98.45 and improved domestic risk sentiment provided support. A clear reversal has emerged after recent intervention-led buying from last week’s lows near 91, stabilising the currency for now. Attention is on key US data including the PCE price index, new home sales, and weekly jobless claims, which could reintroduce volatility. Technically, support lies near 90.00 while resistance is seen around 89.25."

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Quote on Rupee 23rd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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