Bloomberg Markets
The Reserve Bank of India will likely tighten monetary policy in coming months, bringing it in line with regional peers that have turned more hawkish in response to inflationary pressures stemming from the Middle East conflict, economists said.
Bloomberg Markets
India’s index-eligible bonds recorded their largest inflow in almost a year after authorities announced measures aimed at boosting foreign purchases of the nation’s debt and supporting the rupee.
Bloomberg Markets
The Reserve Bank of India’s use of a key tool for defending the rupee has passed the $110 billion mark in recent weeks to a new record, according to people familiar with the developments.
Bloomberg Markets