2025-05-26 04:55:02 pm | Source: LKP Securities
Quote on Rupee 26 May 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 26 May 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded higher by 24 paise to close at 85.09 against the US dollar, supported by continued weakness in the dollar index, which fell to 98.93. A series of key US economic data lined up this week including Durable Goods Orders, FOMC Meeting Minutes, Q1 GDP, and the Core PCE Price Index are expected to keep USDINR volatility elevated. The rupee is likely to remain within a range of 84.50 to 85.25 in the near term."
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