Tushar Poddar, Goldman Sachs said, "Our 3-month, 6-month and 12-month dollar-rupee forecasts are 64/USD, 65/USD and 65/USD respectively. We see risks on both sides of our forecasts. Domestically, potential upside risks would be a jump in investment activity after elections, and/or a sharper-than-expected fall in inflation."
"Downside risks include the possibility of an unclear verdict in the elections which would exacerbate investor uncertainty," he added.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
