Goldman Sachs sees rupee nearing a turning point, but warns trade uncertainty could dictate the next move
Global investment bank Goldman Sachs has said that the Indian rupee may be approaching a critical turning point after breaching the 90‑per‑dollar mark, but cautioned that the currency’s next major move will depend heavily on trade‑related uncertainty, particularly the outcome of ongoing U.S.–India tariff negotiations. The bank’s assessment comes at a time when the rupee…
