India will sell fewer bonds than estimated as policymakers rein in spending ahead of elections and inclusion of the nation’s debt in global indexes https://t.co/8CRSaDTMAo
India will sell fewer bonds than estimated as policymakers rein in spending ahead of elections and inclusion of the nation’s debt in global indexes https://t.co/IGU1apyhab
INR: Indian Rupee falls to record low #ARYNews https://t.co/1JgORW8CO2
The Indian rupee has experienced fluctuations, with rises and falls against the US dollar. The Reserve Bank of India is closely monitoring the situation, aiming to stabilize the currency after hitting a record low. Indian bonds are set to be included in global indexes, attracting significant interest from investors like Abrdn, JPMorgan, and Goldman Sachs, with expectations of substantial inflows. The rupee's performance is influenced by factors like the yuan's strength and Asian FX trends. The central bank is focused on building up foreign exchange reserves amidst market uncertainties.
