Quote on Rupee 31th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 31th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded muted around 88.70, reflecting limited movement as FII’s continued their selling streak over the past few sessions, keeping capital markets under pressure. The dollar index edged slightly higher near 99.50, adding mild weakness to the rupee. Meanwhile, crude prices stayed range-bound, offering little relief on the external front. The absence of any concrete progress in the U.S.-India trade deal discussions further weighed on sentiment, maintaining a cautious tone for the currency. The rupee is expected to trade within a range of 88.40–89.10 in the near term."
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