Economic TimesLean R·
Hawkish MPC, West Asia conflict cloud rupee, bond yield outlook
Mumbai: Hawkish signals from the minutes of the latest monetary policy committee (MPC) review, escalation of the conflict in West Asia and the possibility of higher sugar imports are among the factors keeping the outlook for the rupee and bond yields clouded.What could be a mitigating factor, however, is the record haul from forex-inflow programs. India has so far received $72.8 billion in dollar inflows through the special swap facility, giving the central bank an additional buffer to manage p…
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