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Below the Quote on Rupee 30th October 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"The rupee traded positively, gaining around 0.27% to 94.95, as the Dollar Index weakened towards 101.65 and bullion prices remained under pressure. The decline in precious metals provided some relief on the import front ahead of the festive season, supporting the domestic currency. Sentiment also improved amid speculation that the RBI and the Finance Ministry could consider tax-related changes or other measures to attract foreign portfolio and institutional inflows. However, these expectations remain speculative, and actual policy announcements will be important. Going ahead, the rupee’s movement will depend on dollar trends, capital flows and policy developments, with a near-term range of 94.50–95.50."

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