Investment Analysis
Goldman Sees India Rupee Sliding to 95, Putting Pressure on RBI
India’s rupee may slump to 95 against the dollar over the next year because of the fallout from the Iran conflict, putting pressure on the central bank to act if inflation picks up, according to Goldman Sachs Group Inc.’s chief economist for the country.
India’s rupee may slump to 95 against the dollar over the next year because of the fallout from the Iran conflict, putting pressure on the central bank to act if inflation picks up, according to Goldman Sachs Group Inc.’s chief economist for the country.
Topics: Indian rupeeUS dollarRBIinflation