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Goldman backing rupee despite slide
Financial Express Hyderabad
|November 04, 2025
GOLDMAN SACHS IS advising clients to take a bullish position on the rupee, using an exotic option structure, despite its latest slide towards its all-time low.
Taking positive cues from developments in IndiaUS trade negotiations, analysts at Goldman Sachs expect the rupee to appreciate by 1-2% if US tariffs on Indian goods are set at or below 25%. The upbeat view comes despite the currency on Monday dipping near its lifetime low of 88.80 to the dollar. The currency closed at 88.7775.
Dit verhaal komt uit de November 04, 2025-editie van Financial Express Hyderabad.
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