India bonds at 3-week high, rupee gains after RBI payout to govt
Indian bonds edged up to their
highest in three weeks while the rupee rose after the Reserve
Bank of India (RBI) approved the transfer of a much
higher-than-expected dividend to the government, soothing
concerns of fiscal slippage.
highest in three weeks while the rupee rose after the Reserve
Bank of India (RBI) approved the transfer of a much
higher-than-expected dividend to the government, soothing
concerns of fiscal slippage.
Posted by Reuters