2025-08-29 04:33:07 pm | Source: LKP Securities Ltd
Quote on Rupee 29th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 29th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"The rupee hit an all-time low of 88.20, falling by another 0.60 (0.70%), as pressure mounted after the US implemented tariffs on Indian products, raising concerns over a widening fiscal deficit. While the upcoming GST council decision is expected to lend some support, markets are awaiting clarity on the final GST changes before taking a decisive view. Sentiment remains weak, and the rupee is expected to trade within a range of 87.65–88.45."
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