2025-02-04 05:26:27 pm | Source: LKP Securities Ltd
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee gained 0.08rs, trading at 87.08, as some relief emerged from global trade de-escalation talks. Ongoing discussions between Mexico, Canada, and the U.S. on tariff adjustments have eased some pressure on emerging market currencies. However, China retaliated by imposing tariffs on U.S. metal products, keeping trade tensions alive.
Domestically, the growth-focused budget has provided a cushion for the rupee, preventing an immediate slide below 87.50. Market participants will continue monitoring further tariff negotiations and global trade policies, alongside capital flows, to assess the rupee’s next move."
Domestically, the growth-focused budget has provided a cushion for the rupee, preventing an immediate slide below 87.50. Market participants will continue monitoring further tariff negotiations and global trade policies, alongside capital flows, to assess the rupee’s next move."
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
Evening Roundup : A Daily Report on Bullion Energy &...
Company Update : Rushil Decor Ltd by Prabhudas Lilla...
India, EU to hold 14th round of free trade agreement...
Adani Enterprises to build Sonprayag-Kedarnath ropew...
Nifty future closed negative with losses of 0.14% at...
AI growing fast, regulation must keep pace: FM Nirma...
Investment of Rs 4,000 crore from Japanese companies...
Quote on Market Wrap 15th September 2025 by Shrikant...
India?s trade deficit narrows to $26.49 bn in August...
FIIs stood as net buyers in equities as per Septembe...
More News
Quote on Rupee by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee 15th Aug 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee 25th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Rupee 20th August 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities