Quote on Rupee 3rd November 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee 3rd November 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded weak by 0.06 paise at 88.76 as strength in the dollar index, which moved above 99.85, exerted pressure on the domestic currency. Continued FII selling added to the downside, even as positive developments emerged from U.S. statements hinting at progress toward a trade deal with India. The broader sentiment remains cautious ahead of key U.S. data releases this week, including ISM Manufacturing and Non-Manufacturing PMI, which could further influence global risk appetite and currency movements. The rupee is expected to trade within a range of 88.45–89.25 in the near term."
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Quote on Market 3rd November 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
