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
Buy National Aluminium Company Ltd For Target Rs. 22...
Impact of US tariffs on Australian economy to remain...
Buy Sansera Engineering Ltd For Target Rs. 1,430 by ...
Buy Hindalco Ltd For Target Rs.730 by Motilal Oswal ...
Quote on?FPI-FII details by Shrikant Chouhan, Head E...
Government reclassifies barytes, felspar, mica, quar...
Buy Signatureglobal (India) Ltd For Target Rs. 1,645...
Market Wrap : The Markets remained volatile for yet ...
Company Update : KNR Construction Ltd By Motilal Osw...
Company Update : Senco Gold Ltd By Motilal Oswal Fin...
