Indian Stock Market Updates: Goldman Revises Rupee Forecast, Sees 3.2% Drop as Oil Rises

posted by   januram (54)   3 months ago (indian-stockmarket-updates.blogspot.com)

Goldman Sachs Group Inc. revised its forecasts for the Indian rupee, predicting a 3.2 percent drop in the next six months because rising oil costs will increase the import bill and double the nation’s current-account deficit.