2025-03-19 04:11:01 pm | Source: LKP Securities
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 higher by 0.13rs at 86.43 against the dollar, supported by a weaker dollar index below 103.29$ and positive sentiment in secondary markets. Strong DII inflows and FII buying in the cash market yesterday provided additional strength to the rupee.
With the Fed’s policy announcement tonight, market participants will closely watch the forward guidance for any shifts in monetary policy.
The rupee range is expected between 86.15-86.80, with further movement dependent on global cues and Fed commentary."
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