Quote on Rupee 29th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 29th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded flat near 88.16 as the dollar index moved sideways ahead of the U.S. Federal Reserve’s interest rate decision later tonight. Market participants stayed cautious, awaiting both the Fed’s policy outcome and updates on India-U.S. trade discussions, which could influence near-term sentiment. Improved FII activity, with foreign investors turning buyers in Indian equities, has helped limit downside pressure on the rupee. Overall, the currency remains stable, with the expected trading range seen between 87.75 and 88.55."
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