Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below the Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"The rupee traded flat around 84.10, while the dollar index remained steady near 103.66. Market participants are closely monitoring FII activity, as any significant buying or selling could influence the rupee's movement, especially with the upcoming US election outcome. The removal of this major event risk in a few days could further dictate the trend, as recent FII selloffs have kept the rupee near its all-time lows. Key resistance for the rupee stands at 83.95, with substantial support in the 84.15-84.25 range."
Above views are of the author and not of the website kindly read disclaimer
Top News
Modified Pradhan Mantri JI-VAN Yojana to boost advanced biofuel projects, bring more investment
More News
Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securi...
