2025-07-31 04:42:29 pm | Source: LKP securities Ltd
Quote on Rupee 31th July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 31th July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded weak by 22 paise at 87.64, as a rise in the dollar index near 99.83 and the imposition of a 25% tariff on India by the U.S. added significant pressure. Sentiment was further dampened by weakness in the capital markets amid ongoing tariff-related concerns. Going ahead, the rupee is expected to remain under pressure with a broader trading range seen between 87.25 and 88.00"
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