This post originated from an RSS feed registered with Java Buzz
by Angsuman Chakraborty.
Original Post: Stronger rupee to further hit exports: Goldman Sachs
Feed Title: Simple Thoughts - Java and Web Technology Blog
Feed URL: http://tech.gaeatimes.com/index.php/feed/
Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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 [...]