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

WaveX, IICT Mumbai launch ?media tech incubator? to ...

2,000 e-Government services on DigiLocker, e-Distric...

Robust Q1 GDP growth shows resilience of Indian econ...

Despite selling, FIIs bought Rs 40,305 crore in equi...

Samsung Electronics tops Indian TV market in Jan-June

Hyundai`s new hydrogen car sales hit around 7,000 un...

Indian economy exceeds all expectations: Experts

How one gesture by PM narendra Modi sparked a wave o...

Relief to textile exporters: Centre extends export o...

India`s Q1 GDP growth rate has come as a positive su...
More News

USD/INR Strengthens Amid Demand for US Dollar and Market Weakness by Amit Gupta, Kedia Advisory

Market Sentiment on Crypto market by Mr. Himanshu Maradiya, Founder and Chairman, CIFDAQ Group

Quote on Rupee 12 June 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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