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
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."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Inside the Lives of Foreign Politicians: Power, Pres...
IMD Predicts Above-Normal Heatwave and Rainfall in M...
`Deeply disgraceful`, Amit Malviya flags Bengal govt...
Soaring Gold Prices Hit Indian Jewellery Demand in Q...
Dawn of orange economy, India emerging as global hub...
Corn Prices Set to Rise Amid Tight Global Supplies b...
Buy Greenply Industries Ltd For Target Rs. 423 by Ch...
Diabetes drug can effectively treat fatty liver: Study
New skin-based test to boost diagnosis of debilitati...
Shri Sanjay Khanna takes over the additional charge ...
