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

2025-05-30 05:10:52 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 weak by 8 paise at 85.52 as the dollar index gained 0.25% to 99.46. Domestic capital markets remained flat and range-bound, reflecting mixed sentiment on FII flows. The rupee is expected to stay volatile in the 85.00 to 85.90 range. All eyes are now on the upcoming US Core PCE Price Index data and next week’s crucial RBI monetary policy decision, which will be closely watched by market participants for further direction."

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

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