Rupee remains firm in the kerb

The rupee continued to trade on a firm note without showing any major change in its price against all major currencies today as well. The national currency remained firm against the green back and enjoyed more firmness against Pound Sterling and Euro. The rupee started the day at overnight trading price and enjoyed support from the market sentiments against green, Pound and Euro. However, there was no major activity in the market today as well and the market remained under low trading turnover and showed no major activity. There was normal fluctuation in the prices of the currencies. Again, no major buying or selling was seen on the desks and technically the market behaved in favor of the national currency as it has been doing for the last so many days. According to the senior executives at KKI, this is a temporary situation in the market due to the war and it will prevail for few more days more until and unless the future political scenario in the market does not get clear. There will be no major buying and the buyers will wait to see the outcome of the war now and its effects on the international value of currencies.
Overall, rupee remained firm and the market waited to see the consequences of the war and thus no significant trading activities were seen in the market. Therefore, the market started the week on a firm note here in the kerb.