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

2024-12-16 05:09:48 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

"The rupee traded weaker by 0.07rs, closing at 84.87, as the dollar strengthened, holding above the 106.50$ mark. Market participants observed heightened volatility with the week packed with significant global economic events, including the FED's policy announcement, the PCE price index, and monetary policy decisions from the ECB and China. The rupee's trading range is expected to remain between 84.75 and 85.00 amidst these developments."

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

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