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."
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
GCCs in India poised for 9.8 pc salary hike this yea...
Success of Chandrayaan missions raising curiosity, i...
Hyundai Motor India to hike car prices by up to 3 pc...
Daily physical activity, good sleep key to boost hap...
The Transformative Lifestyle of a Yoga Trainer: Bala...
India`s IndiGo expects to increase international rou...
India`s Vodafone Idea explores partnership with Musk...
MOSt Market Roundup : Nifty future closed positive w...
First Trump-branded office project in India eyes $28...
Smart Basket : FirstStep Bluechip Basket - Motilal O...
