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 weak by 0.24 rupees at 86.42 as rising crude prices and a cautious FII stance amid ongoing Middle East geopolitical tensions weighed on sentiment. The currency is expected to remain volatile in the range of 85.75 to 86.85, with global risk factors and trade uncertainties exerting pressure. However, strength in domestic business activity and expectations of a good monsoon could offer stability to the rupee."
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