Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

2024-12-13 05:59:31 pm | Source: LKP Securities Ltd

Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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

"The rupee traded positively, gaining 0.10rs to close at 84.78, supported by strong secondary market performance and expectations of positive fund flows. Additionally, India's improved CPI numbers for November at 5.48% compared to the previous 6.21% bolstered the rupee, indicating easing inflationary pressures. The trading range for the rupee remains between 84.65 and 84.85 in the near term."

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Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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