Indian companies may re-enter the bond market given recent central bank measures aimed at stabilizing the rupee. High overseas yields and increased hedging costs have limited borrowing options for these businesses. Analysts suggest that some companies could reconsider bond issuances previously canceled because of excessive yields. With rising bank borrowing costs, bonds may become more appealing for certain issuers seeking flexibility.
Dollar stays near 18-month high as Mideast conflict, inflation data in focus
The dollar’s steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor confidence. Fluctuations in oil prices continue