Economic TimesLean R·
BlackRock says oil, FX risks loom over India's bond inflow push
Indian debt is piquing the interest of foreign investors thanks to new government initiatives. Nonetheless, investment giant BlackRock remains cautious, keeping its exposure steady. Challenges like steep currency hedging expenses and volatile oil prices cast a shadow on the prospects. For foreign capital to make a significant leap into rupee-denominated bonds, a clearer geopolitical landscape is crucial to alleviate concerns.
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