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Stronger rupee to further hit exports: Goldman Sachs

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Stronger rupee to further hit exports: Goldman Sachs Posted: May 25, 2009 2:20 AM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Stronger rupee to further hit exports: Goldman Sachs
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NEW DELHI - Already hit by a sluggish offshore market, export-dependent sectors such as information technology (IT), textiles, pharmaceuticals and export-oriented oil refiners will now likely be hit by the appreciation of the Indian rupee, says global investment bank Goldman Sachs. "We expect the Indian rupee to appreciate further from current levels as [...]

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