India's BoP outlook improves, INR depreciation pressure to ease: Goldman Sachs
Goldman Sachs said India posted a $7.2bn BoP surplus in Q1 CY26 despite softer capital inflows, supported by stronger remittances, robust services exports and low oil imports
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Goldman Sachs said India posted a $7.2bn BoP surplus in Q1 CY26 despite softer capital inflows, supported by stronger remittances, robust services exports and low oil imports
India's balance of payments outlook looks more favourable than the rupee's recent weakness suggests, with a Q1 CY26 surplus and lower oil and gold import assumptions prompting Goldman Sachs to cut it…
Originally published by BusinessLine. Read the full article →
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