2025-01-27 06:04:49 pm | Source: LKP Securities Ltd
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
"The rupee witnessed weakness, depreciating by 0.07 paise to settle at 86.28 against the dollar, driven by continued selling in Indian capital markets as FII outflows persisted. The selling pressure is partly fueled by global trade uncertainties, with the U.S. making unfavorable or adjustable tariff changes, potentially altering money flow patterns.
The dollar index remains volatile, adding pressure on the rupee. Market participants are now eagerly awaiting the upcoming budget, with high expectations for a growth-oriented framework to attract foreign investments and stabilize the rupee. Until the budget announcement, the rupee is likely to trade within the range of 86.00–86.45, as broader market sentiment and global cues will dictate its movement."
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
AIIMS Research Day fosters discussion on innovation,...
NPAs of public sector banks at multi-decadal low: Ec...
Free trade for ambitious, confident youth and Aatman...
Economic Survey lays foundation for policy reforms t...
MSMEs account for nearly half of India?s exports: Ec...
Farmers look to Budget 2026-27 for relief and guaran...
Level playing field for savings instruments necessar...
Would reflect inclusive vision: Ruling parties optim...
Budget 2026: Industry expectations anchored in polic...
Industrial sector on growth path, needs strategic re...
Tag News
Rupee set to find more breathing room after Trump remarks jolt dollar
Rupee bounces back from all-time low against US dollar in early deals on Tuesday
Quote on Global Currency Markets Enter a Volatile Phase as US Dollar Weakens; Rupee Likely to Stabilise Around Rs.90 by Mr. Parag Morey, Head of Sales, Emkay Wealth Management
Reeling rupee receives a lifeline from dollar`s plunge to a near 4-month low
More News
Quote on Rupee 26th November 2025 from Jateen Trivedi, VP Research Analyst - Commodity and C...
Quote on Rupee by Anindya Banerjee, Head of Currency & Commodity Research, Kotak Securities
Quote on Rupee 12 June 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee 26th September 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities