2025-05-09 04:14:04 pm | Source: LKP securities Ltd
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded in a volatile range of 85.90 to 85.35 amid ongoing border tensions between India and Pakistan, with signs of escalation keeping market participants cautious. Morning weakness in the rupee was met with profit booking by short-sellers, as the currency found support near the 85.90–86.00 zone. Any fresh developments on the geopolitical front are likely to have a significant impact on the rupee’s direction."
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