Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
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Below the Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"The rupee traded flat near 85.54 as the dollar index remained steady amid low market activity during the holiday season. With global and US markets in a subdued mode ahead of the New Year, weekly jobless claims in the US will be a key data point on the radar for participants. Market sentiment remains muted, with limited movement expected in the short term. Rupee's immediate range is likely to hover between 85.40 and 85.70 as traders wait for fresh cues in the coming weeks."
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