“Revised rupee forecasts stronger, now expecting USD/INR at 94, 95, and 96 in three, six, and 12 months respectively, compared to previous levels of 96, 96, and 97. The firm also favors a long wager on 30-year bonds, supported by the expansion of the Fully Accessible Route bond universe and structural demand from local pension and insurance companies.”

Goldman Sachs Analysis’s track record: 3 graded calls · 95% CI 21–94%