Quote on Rupee 29th July 2025 by Jateen Trivedi, VP Research Analyst

2025-07-29 06:07:20 pm | Source: LKP Securities Ltd

Quote on Rupee 29th July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Rupee 29th July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Rupee traded weak, slipping by 0.14 to 86.80 against the dollar, down 0.16%, as the dollar index climbed near the 99 mark, overshadowing gains in domestic capital markets. With the 1st August U.S. trade deal deadline approaching and key U.S. data—ADP Non-Farm Employment, Non-Farm Payrolls, Unemployment Rate, GDP, and the Federal Reserve's policy statement—all lined up this week, the forex market is expected to remain highly volatile. The rupee is likely to trade in a broader range of 86.45–87.25."

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Quote on Rupee 29th July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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