# Investors dump Indian bonds on concerns over banking regulations, weakening rupee | The National

> Foreign funds are dumping Indian bonds at the fastest pace since December 2016 after a $2 billion bank fraud at Punjab National Bank and a weakening rupee. Foreign holdings have fallen 146.6 billion rupees since February 9, and the rupee is the region's worst performer after the Philippine peso.

- Date: 2018-03-16 · published 2018-03-16T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/66268-investors-dump-indian-bonds-on-concerns-over-banking-regulations-weakening
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Sustained outflows and rupee weakness raise the local cost of dollar-priced imports for Indian feed buyers.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/markets/investors-dump-indian-bonds-on-concerns-over-banking-regulations-weakening-rupee-1.713576

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.