Quote on Rupee 26th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Below the Quote on Rupee 26th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"The rupee extended its weakness, falling by 0.18 to trade near 87.75, as fresh pressure emerged after the US imposed an additional 25% tariff, taking the total levy on Indian goods to nearly 50%. The move is expected to weigh on India’s export outlook, limiting any sustained recovery in the currency. While crude prices have softened by around 1.5% in the past session, providing some relief on the import bill side, the negative impact of tariffs overshadowed these gains. FII outflows and overall dollar demand have further capped the upside. The trading range for the rupee is now seen between 87.25 and 88.25, with risks tilted towards depreciation unless sentiment improves."
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