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

2025-03-20 05:41:24 pm | Source: LKP Securities Ltd

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

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Below the Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Rupee traded slightly higher by 0.07rs at 86.34, supported by dollar index weakness after the Fed's policy hinted at a slightly lower rate outlook, boosting overall market sentiment. Additionally, the positive run-up in secondary markets and crude oil remaining in a range provided further support to the rupee.

The rupee range is expected between 86.10-86.75, with global cues and capital flows guiding the next moves."

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

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