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

2025-02-27 05:31:52 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

"Rupee traded flat near 87.17 after experiencing high volatility, weakening to 87.54 before recovering to 87.10. The session ended on a neutral note as the dollar index remained range-bound, and FII sell-off was countered by DII inflows, stabilizing the secondary markets.

Going forward, rupee movement will depend on global cues, dollar momentum, and oil price trends. The expected range for the rupee is between 86.75-87.40."

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

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