2025-02-04 05:26:27 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
"Rupee gained 0.08rs, trading at 87.08, as some relief emerged from global trade de-escalation talks. Ongoing discussions between Mexico, Canada, and the U.S. on tariff adjustments have eased some pressure on emerging market currencies. However, China retaliated by imposing tariffs on U.S. metal products, keeping trade tensions alive.
Domestically, the growth-focused budget has provided a cushion for the rupee, preventing an immediate slide below 87.50. Market participants will continue monitoring further tariff negotiations and global trade policies, alongside capital flows, to assess the rupee’s next move."
Domestically, the growth-focused budget has provided a cushion for the rupee, preventing an immediate slide below 87.50. Market participants will continue monitoring further tariff negotiations and global trade policies, alongside capital flows, to assess the rupee’s next move."
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
Dollar holds near three-week high before CPI data; B...
Asian shares rise, dollar strengthens ahead of US ea...
Gold ticks higher with focus on US inflation data
Indian benchmarks may open higher on softer domestic...
Tata Technologies` Q1 net profit falls 9.8 pc sequen...
Perspective on CPI Data by Ms. Madhavi Arora, Chief ...
RBI to wait for stronger growth signals before rate ...
MOSt Market Roundup :Nifty opened flat but slid stea...
India`s retail inflation falls to over 6-year low of...
Reaction on New Oil & Gas Pipeline Tariff and Data-S...
Tag News
Perspective on CPI Data by Ms. Madhavi Arora, Chief Economist, Emkay Global Financial Services
Reaction on New Oil & Gas Pipeline Tariff and Data-Sharing Reforms by Dr. Kapil Garg, Managing Director, Oilmax Energy Pvt. Ltd & Asian Energy Services Ltd
Perspective on CPI data by Ms. Rajani Sinha, Chief Economist, CareEdge Ratings
Quote on CPI Numbers by Suvodeep Rakshit, Chief Economist, Kotak Institutional Equities
