Foreign Investors Pour $538 Million Into Indian Bonds In September {Foreign Investors Pour $538 Million Into Indian Bonds In September} – English

Foreign Investors Pour $538 Million Into Indian Bonds In September {Foreign Investors Pour $538 Million Into Indian Bonds In September} – English

The post Foreign Investors Pour $538 Million Into Indian Bonds In September appeared first on Wealth-X.


 

In September, foreign investors poured over $1 billion into Asian government and corporate bonds, more than doubling their investment in local currency debt from the previous month, attracted by higher yields and some signs of economic recovery. The inflows in September “could be a sign of foreign capital returning” to India, said Duncan Tan, a strategist at DBS Bank. He said India’s relatively high-yielding government debt had become attractive for foreigners with the Reserve Bank of India (RBI) reluctant to ease monetary policy further to avoid fuelling inflation.

 

Read the full story on Business Standard here.

The post Foreign Investors Pour $538 Million Into Indian Bonds In September appeared first on Wealth-X.