Bonds Rally in India With RBI’s $50 Billion Liquidity Pledge
A pedestrian walks past the Reserve Bank of India building in Mumbai, India. (Photographer: Kanishka Sonthalia/Bloomberg)

Bonds Rally in India With RBI’s $50 Billion Liquidity Pledge

(Bloomberg) -- India’s sovereign bonds rallied after the central bank slashed key interest rates and announced a liquidity infusion of as much as $50 billion to ease strains in financial markets.
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