Indian government bonds finished the week with little change on Friday, yet celebrated their first gain in five weeks. A decline in oil prices and a calming tone from the central bank helped elevate demand for these bonds. The Reserve Bank of India opted to keep its repo rate steady, alleviating concerns over potential rate hikes in the near future.
Indian government bonds finished the week with little change on Friday, yet celebrated their first gain in five weeks. A decline in oil prices and a calming tone from the central bank helped elevate demand for these bonds. The Reserve Bank of India opted to keep its repo rate steady, alleviating concerns over potential rate hikes in the near future.
<iframe src="https://hindustansphere.com/embed/cluster/aa7aef2ca6bfb6c4b512f42d3dac9ee0e6699f3c" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Indian bonds clock first weekly rise in five on dovish RBI, easing crude"></iframe>
