It's an Exodus as Foreigners Join Indian Banks in Dumping Bonds
A dumper truck unloads freshly excavated iron ore rock in a holding area. (Photographer: Vincent Mundy/Bloomberg)

It's an Exodus as Foreigners Join Indian Banks in Dumping Bonds

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(Bloomberg) -- Global funds are dumping Indian bonds at the fastest pace since December 2016 as a bank fraud and a weakening rupee sap confidence in Asia’s highest-yielding major debt market.
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