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
"The rupee traded slightly weak near 84.07, as the dollar index gained from 103.20$ to 103.50$. The major weakness in the rupee stemmed from a downturn in capital markets, with broad-based selling observed in Indian markets. Foreign Institutional Investors (FII) were net sellers, offloading over 5000 crore in cash on Friday, adding pressure on the rupee.."
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