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 sideways near 83.96, with the dollar strengthening to 102.95$. USD/JPY was volatile around 146.20$. Capital markets were weak, with market breadth remaining flat, particularly on an RBI policy day, as participants awaited cues from the USD/JPY movement. In the short term, the rupee is expected to continue trading within a range of 83.80-84.15."
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