💨 Abstract

Foreign investors are buying increased amounts of Indian government bonds ahead of an expected interest rate cut from the Reserve Bank of India (RBI) this week. Foreign purchases of Indian bonds have surpassed $20 billion since September 2023, with portfolio managers rebalancing their portfolios due to the anticipated rally. The RBI is expected to cut rates by 25 basis points, with a decision due on Friday.

Courtesy: theprint.in

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