2026-03-27 05:35:07 pm | Source: LKP Securities Ltd
Quote on Rupee 27th March 2026 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 27th March 2026 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee continued its sharp weakness, falling another 0.80% to 94.70 against the dollar, as rising crude prices intensify pressure on India’s import bill. The concern of higher crude for a prolonged period is weighing heavily on the currency and overall macro outlook. Sustained dollar demand and energy-led inflation risks are keeping the rupee under stress. Technically, 94.00 now acts as key resistance, while the next crucial support is seen near 95.00.
Bias remains weak unless crude prices show meaningful correction."
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