Traders Pin Hopes on RBI Support After Moody’s Cuts India Rating
Police officers stand guard at the Reserve Bank of India (RBI) building in Mumbai, India. (Photographer: Kanishka Sonthalia/Bloomberg)

Traders Pin Hopes on RBI Support After Moody’s Cuts India Rating

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(Bloomberg) -- Traders in India are yearning for the central bank to backstop the rupee and sovereign-bond markets after Moody’s Investors Service cut the credit rating to the lowest investment gra...
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