2025-01-31 05:52:04 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
"The rupee traded flat near 86.63 as market participants absorbed the U.S. Federal Reserve's decision to keep interest rates unchanged, which led to a slight positive reaction in the dollar. With the Fed event behind, the primary focus now shifts to India's upcoming budget and FII investment trends. Any favorable policy announcements in the budget could help attract foreign inflows and support the rupee. The trading range for the rupee remains between 86.40 and 86.80."
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