Lower interest rates, global bond inclusion, and increased demand from long-duration investors favor longer-duration assets. Investors should remain engaged in the falling rate cycle, Marzban Irani, CIO of Fixed Income at LIC Mutual Fund AMC, tells ETMarkets.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.