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The Reserve Bank of India lifted its restriction on foreign investors buying bonds with maturities under three years and opened access to short-term treasury bills. Investors warn these measures could attract volatile short-term inflows and increase market vulnerability.
Volatile hot-money flows could add to rupee pressure and make Indian interest rates less stable, which affects the currency cost of dollar-priced feed imports.
thewire.inSuvashree Choudhury, Krishna Merchant 07/May/2018May 7, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
