Forex Burn by RBI Has Silver Lining for India's Bond Market
Stacks of U.S. one-dollar bills in New York, U.S. (Photographer: Scott Eells/Bloomberg)

Forex Burn by RBI Has Silver Lining for India's Bond Market

(Bloomberg) -- The Reserve Bank of India’s efforts to defend the rupee in recent weeks spells good news for the bond market. The intervention comes when the banking system is reeling from a cash cr...
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