Indian Bonds Face Pressure as RBI’s Forex Curbs Stoke Rate Risk
Indian bonds may be heading into a challenging stretch after the Reserve Bank of India’s dramatic move to cap onshore currency wagers raises the possibility of stronger measures — including...
By Pratigya Vajpayee, Bhaskar Dutta · Bloomberg Markets
Indian bonds may be heading into a challenging stretch after the Reserve Bank of India’s dramatic move to cap onshore currency wagers raises the possibility of stronger measures — including possible interest rate hikes — to support the rupee.