Quote on Rupee 24th November 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 24th November 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee started the day with a strong gap-up at 89.20, gaining 0.35 rupees or 0.39% after Friday’s sharp fall to all-time lows near 89.65. Last week’s decline was largely attributed to delays in the India–US trade deal, lack of any concrete updates on progress, a rising US dollar index, and the absence of visible intervention at lower levels.
Despite today’s bounce, the broader trend looks weak, and the rupee is expected to trade within a volatile range of 88.75–89.50 in the near term."
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