2025-02-21 05:33:39 pm | Source: LKP Securities Ltd
Going forward, rupee is expected to trade in a range of 86.45-87.10, with global sentiment and capital flows playing a key role in determining direction."
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 weak by 0.05Rs at 86.70 despite dollar index slipping to 106.60$, as FII selling continued, keeping pressure on the currency. Additionally, reports of a potential reduction in import taxes on EVs added further strain on the rupee, as it could impact trade balances.
Going forward, rupee is expected to trade in a range of 86.45-87.10, with global sentiment and capital flows playing a key role in determining direction."
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
No power crisis, no coal shortage in India: PIB Fact...
Mission Drishti a testament to youth innovation: PM ...
Mission Drishti a proof of India`s space reforms: In...
Nifty, Sensex likely to stay range-bound with mild b...
Top 4 firms add Rs 2.20 lakh crore in market value
Over 400 South Korea-listed firms exceed $680 millio...
Rs 3.53 lakh crore-worth MoUs signed at VGRC, projec...
South Gujarat set for economic leap: JP Nadda
Karnataka finances under strain, says State BJP chie...
Joram Aniya`s inclusion in Niti Aayog a historic moment
More News
Quote on Rupee Breaches Rs.90: Key Market Implications by Rahul Gupta, Chief Business Office...
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee 17th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities