Quote on Rupee 27th June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Below the Quote on Rupee 27th June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded strong with gains of 25 paise at 85.49 as the dollar index continued its weak trend below the 97 mark. The rupee has strengthened over the last few sessions, supported by easing tensions in the Middle East and a sharp 12–14% drop in crude prices. Going ahead, the market will look for cues from the upcoming Fed policy and inflation data. Today’s Core PCE Price Index from the US is being closely tracked by participants for direction on dollar movement."
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