Nearly half of the purchases have been in the five-year 7.38% 2027 and the former benchmark 6.10% 2031 bonds, which have seen inflows of 16 billion rupees and 15 billion rupees, respectively, during this period.Goldman Sachs had said last month it expects an inclusion of Indian bonds in global indexes this year.
ICICI Bank’s B Prasanna sees no immediate risk of rupee hitting 90 against dollar
B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate,