2025-02-18 05:22:35 pm | Source: LKP Securities
Going ahead, rupee weakness could extend toward 87.25, with a range expected between 86.75-87.25. Key events to watch this week include the FED meeting minutes, RBI meeting minutes, and Trump's important speech on Wednesday, all of which could bring significant volatility."
Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee traded slightly weak, losing 0.04Rs to 86.91, as dollar strength and rising crude prices pressured the currency. Additionally, FII outflows continued as investors shifted funds from India to China, further weighing on the rupee.
Going ahead, rupee weakness could extend toward 87.25, with a range expected between 86.75-87.25. Key events to watch this week include the FED meeting minutes, RBI meeting minutes, and Trump's important speech on Wednesday, all of which could bring significant volatility."
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
Sensex jumps 1,372 points, Nifty near day`s high as ...
ACME Solar commissions additional 155 MW / 470 MWh B...
The index opened on a gap-up note and witnessed a mi...
India`s total exports record 5.2 pc growth in April-...
India`s media and entertainment industry to rise to ...
Indian equities are currently trading at fair valuat...
India`s IPO boom continues in FY26, mainboard raises...
Operant AI launches ecosystem programme to secure In...
Drainage revamp, women haats and more: Key takeaways...
TVS Holdings gains on raising Rs 650 crore via NCDs
