Quote on Rupee 27th October 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 27th October 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"The rupee traded with minor gains of around 9 paise at 95.08, finding support near the 95.00 level despite crude oil prices hovering around $115 and the Dollar Index near 101.50. Elevated crude prices continue to pose a challenge for the domestic currency, while market participants remain cautious ahead of the US Federal Reserve’s policy outcome tomorrow night. The Fed’s rate decision and forward guidance will be key drivers for the dollar and emerging-market currencies. Going ahead, the rupee is likely to remain sensitive to crude oil movements and global dollar trends, with the 95.00 level acting as an important support zone."
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